J.D. Power: Wagoneer Tops Large SUV Segment

J.D. Power: Wagoneer Tops Large SUV Segment

The Wagoneer is predicted to hold its value best among large SUVs, says J.D. Power.

The premium, powerful Wagoneer is predicted to hold its value best among large SUVs, according to the J.D. Power 2023 U.S. ALG Residual Value Awards.

The U.S. ALG Residual Value Awards are the automotive industry standard in recognizing vehicle models projected to hold the highest percentage of their manufacturer’s suggested retail price following a three-year period of ownership, according to J.D. Power. This value retention is a key variable in the lease cost of a vehicle, underscoring an automaker’s success in the areas of long-term quality and design, as well as the overall desirability of automotive brands and their models.

“Wagoneer is a breakthrough vehicle if ever there was one,” said Jim Morrison, senior vice president and head of Jeep brand North America. “The market was waiting for a product with its unique blend of prestige, capability and comfort. Like the original, Wagoneer has filled a significant void, and it’s done so with genuine flair, demonstrating our commitment to redefining American premium and a unique customer experience.”

The Wagoneer debuts for 2023 with a dynamic, new engine – the 420 hp Hurricane Twin Turbo I-6. The new engine, which comes as standard equipment in the Wagoneer Series II and Wagoneer Series III, generates peak torque of 468 lb.-ft., according to J.D. Power.

J.D. Power says other available features that distinguish the Wagoneer from its competitors are:

  • Uconnect 5 connectivity
  • Head-up display
  • Up to 50 inches of total screen surface
  • Amazon Fire TV Built-In
  • McIntosh audio system

“Cutting-edge technology and refinement paired with Jeep heritage and capability places the Wagoneer atop the highly competitive large SUV segment for the 2023 Residual Value Awards,” said Eric Lyman, vice president ALG.

You May Also Like

S&P Global Mobility Report: Aftermarket May See Boom

The share of vehicles more than eight years old will increase, the report says, signaling increased aftermarket business.

With a record-high average vehicle age in the US, the aftermarket is likely to see robust growth in repair and maintenance work, as older cars will see even more miles driven than traditionally expected, according to analysis by S&P Global Mobility.

Two years of short supply of new vehicles has driven consumers into the used-car market. Now, there could be a counterintuitive shift: Surging new-vehicle supply could further boost expansion of the used-vehicle fleet, bringing more high-mileage vehicles into service bays, the report projects.

57% of All Diesel Trucks on Roads Are Near-Zero Emissions

New near-zero emission diesel trucks on the road increased 10.2% from 2021 to 2022, according to the Diesel Trucking Forum.

Digital Influence on Auto Parts to Reach $200B by 2026

The impact of digital media on retail sales will be $177 billion in 2023 in the US, according to Hedges & Co.

Consumers in Canada Sour on EVs, J.D. Power Finds

More than 60% of respondents said they’re unlikely to consider an EV for their next car.

Edmunds: Pent-Up Demand to Prop Up New Car Sales in Q2

Edmunds forecasts that more than 4 million new cars and trucks will be sold in the U.S. in Q2 2023.

Other Posts

Winhere Honored at O’Reilly Leadership Conference

Winhere received the Sales and Service award for 2023.

Winhere Honored with O’Reilly Sales & Service Award
BorgWarner Honored by Forbes, Statista, Inc.

BorgWarner was awarded on the Forbes list of America’s Best Employers 2024.

BorgWarner Honored by Forbes, Statista, Inc.
AutoPartSource/Momentum USA Wins O’Reilly Award

O’Reilly’s “Sales and Service” Award acknowledges dedication to excellence and unparalleled service in the automotive aftermarket.

AutoPartSource/Momentum USA Wins O’Reilly ‘Sales & Service’ Award
DMA Honored at O’Reilly Auto Parts Leadership Conference

DMA was recognized with the Content and Omnichannel Award and the Marketing and Advertising Award.

DMA Honored at O'Reilly Auto Parts Leadership Conference