The original deck on this story incorrectly stated that Toyota won the most awards, followed by General Motors. General Motors won nine awards, the most in the Vincentric Best Fleet Value in America awards for 2012. The deck has since been updated and we sincererly regret this error.

The 7th annual Vincentric Best Fleet Value in America awards were announced April 10, with General Motors and Toyota topping the winners list with nine and seven winners, respectively. Other brands earning multiple awards were Ford, Hyundai, Chrysler Group, Volvo and BMW.

The General Motors product line showed its strength in the van and heavy-duty pickup segments, while Toyota earned its awards with a well-balanced line-up in the passenger vehicle and crossover classes, including winners in three out of four hybrid segments.

The Mercedes-Benz Sprinter performed strongly, winning three of the heavy-duty van segments. Chrysler Group and Hyundai showed growing product strength in the fleet industry with three winners each, with the Hyundai Sonata laying claim as a serious fleet choice in the popular mid-size sedan segment.

In the high-volume half-ton pickup segment the Ford F-150 was the 2012 winner.

“By taking into account a wide range of lifecycle scenarios using all ownership costs, our awards enable organizations to understand and evaluate the best vehicles for their fleet," stated David Wurster, President of Vincentric. “Fleet operators, fleet management and leasing companies, and fleet dealers can all benefit from utilizing comprehensive and dynamic cost-of-ownership data to make informed vehicle choices.”

To determine the 2012 Vincentric Best Fleet Value in America awards, Vincentric analyzed more than 2,700 vehicle configurations in 20 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 50 states plus Washington, D.C., with the resulting 21,000,000+ lifecycle cost measurements then reviewed to determine the winning vehicles.

For the full list of winners, click here.

Video - Click below to see a video of the vehicles awarded the Vincentric Best Fleet Value in America award for 2012.

Further information regarding the Vincentric Best Fleet Value in America awards for the 2012 model year and the Vincentric methodology is available here.