The all-new 2019 Hyundai Santa Fe is the first in its category to be presented with the ALG Residual Value Award for Best Redesign of the Year.

The fourth-generation Santa Fe has seen great success since its release in August 2018, and holds impressive residual value attributed to its excellent design, safety features and fuel efficiency.

Building on the success of its predecessors, the 2019 Santa Fe combines Hyundai’s latest high-tech features with premium design and a spacious interior. This powerful, elegant SUV embodies Hyundai’s ongoing commitment to delivering high-quality vehicles that feature best in class innovation and design.

ALG attributes the Santa Fe’s award win to its overall degree of change compared to the previous model. “Hyundai finds success with the redesigned Santa Fe in one of the largest and most competitive segments in the industry, boasting a more aggressive front fascia with bold lines carrying to the back of the vehicle. The interior receives a full makeover breathing fresh air to the cabin with a larger center display, refined instrument cluster, and an optional panoramic sunroof,” said ALG.

“We’re so excited to receive this award and continue raising the bar for design and innovation in the SUV segment,” said Don Romano, President and CEO of Hyundai Auto Canada Corp. “Our team worked tirelessly to ensure that our all-new Santa Fe met and exceeded Canadians’ expectations.”

ALG’s Residual Value Awards recognize vehicles in 26 segments that are forecasted to retain the highest percentage of their Manufacturer’s Suggested Retail Price (MSRP) after a three-year period. New for 2019, the ALG Residual Value Awards have introduced several award categories focused on redesign and innovation including Best Redesign of the Year.

Since the launch of the first Santa Fe in 2000, Hyundai has become an established brand in the SUV segment and will continue to further its position in the category with the launch of its premium three-row SUV, the Hyundai Palisade, in Summer 2019.