BMW, Ford Motor Company, Plastic Omnium, Hyundai Mobis, Lithia Motors and Group 1 Automotive Receive Global Automotive Shareholder Value Awards Presented by PwC and Automotive News

DETROIT, Jan. 12, 2011 /PRNewswire/ -- PwC US and Automotive News announced the winners of the Global Automotive Shareholder Value Awards for one- and three-year performance periods by Global Vehicle Manufacturers, Global Automotive Suppliers and U.S. Automotive Retailers.  The annual event was held January 12, in conjunction with the Automotive News World Congress in Detroit, Michigan.  

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The winners were determined by their total shareholder return relative to the PwC Global Automotive Shareholder Value Index in each of three categories. Developed specifically for the automotive sector, the indices provide precise information on relative returns.

The PwC Shareholder Value Index determines a company's performance by taking into account both increases and decreases in a share price, dividends, share buy-backs and new share issues.  The result is one benchmark that provides a measurement of shareholder value for stock market-listed automotive companies.  

"We are honored to recognize these automotive companies for their performance to increase shareholder value," said Rick Hanna, global automotive leader, PwC.  "This year's results are particularly exciting for the industry given the challenges of the past two years because they reflect the hard work of management in responding to the economic downturn.  Clearly increasing shareholder value remains a key objective for automotive executive management throughout the industry. "  

Shareholder Value Indices have been reported in Automotive News on a quarterly basis since January 2000.  The 2010 complete year-end results and Automotive Shareholder Award winners will be announced in the January 17, 2011, issue of Automotive News at www.autonews.com and can also be found at www.pwc.com/auto from that date.

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© 2011 PwC. All rights reserved. "PwC" and "PwC US" refer to PricewaterhouseCoopers LLP, a Delaware limited liability partnership, which is a member firm of PricewaterhouseCoopers International Limited, each member firm of which is a separate and independent legal entity.

SOURCE PwC US