TORONTO, ON – September 1, 2020 – Toyota Canada continues to be recognized as a brand trusted by Canadian fleet operators, recently winning four 2020 Vincentric Best Fleet Value in Canada Awards™.
Winners were identified by determining the vehicles in each segment that had the lowest fleet lifecycle cost.
“Quality, reliability and durability continue to represent the core strengths of our vehicles,” said Cyril Dimitris, Vice President, Sales and Marketing at Toyota Canada. “We are proud to be regularly recognized by Vincentric as having the vehicles that deliver the best value to Canadian fleets.”
This year’s winners included:
- 2020 Toyota Corolla S – Best Fleet Value in Canada: Compact Hatchback segment (second consecutive year)
- 2020 Toyota Avalon XSE – Best Fleet Value in Canada: Large Sedan segment
- 2020 Toyota Corolla Hybrid Base – Best Fleet Value in Canada: Hybrid segment
- 2020 Toyota Prius Prime Base – Best Fleet Value in Canada: Electric/Plug-In Hybrid segment (second time)
To determine the 2020 Vincentric Best Fleet Value in Canada awards, Vincentric analyzed over 2,400 vehicle configurations in 24 different lifecycle cost scenarios, using eight cost factors including depreciation, fees and taxes, financing, fuel, insurance, maintenance, opportunity cost, and repairs. The lifecycle costs were measured in all ten provinces, with the results then reviewed to determine the winning vehicles.
About Toyota Canada Inc.
Toyota Canada Inc. (TCI) is the exclusive Canadian distributor of Toyota and Lexus vehicles. Toyota has sold over five million vehicles in Canada through a national network of 287 Toyota and Lexus dealerships. Toyota is dedicated to bringing safety, quality, dependability and reliability to the vehicles Canadians drive and the service they receive. TCI’s head office is located in Toronto, with regional offices in Vancouver, Calgary, Montreal and Halifax, and parts distribution centres in Toronto and Vancouver. Toyota operates two manufacturing facilities in Canada. Having produced more than eight million vehicles, popular Canadian models built at these facilities include Toyota RAV4, Toyota RAV4 Hybrid, Lexus RX 350 and RX 450h hybrid. Recent investments at its facilities in Ontario will allow for increased production of the top-selling Toyota RAV4 and RAV4 Hybrid models.