General Motors Company 's GM 2016 Chevrolet Volt was awarded the title of Green Car of the Year at the Los Angeles Auto Show. The vehicle won the award due to better fuel efficiency, performance, affordability, accessibility and availability. The 2016 Chevrolet Volt travels 53 miles on a single charge and ensures customer satisfaction.
General Motors' Volt was competing with vehicles like Volkswagen AG's VLKAY Audi A3 e-tron, Honda Motor Co., Ltd.'s HMC Civic, Hyundai Sonata and Toyota Motor Corporation's TM Prius for the Green Car award. The selection panel consisted of 11 judges who also considered certifications from the Environmental Protection Agency and California Air Resources Board.
The judges mentioned that the vehicle is sleek and flaunts a sporty design, with more energy-dense batteries, new electric motors, and quicker acceleration. The second-generation Volt is better than its predecessor. The 2016 Volt is lighter, has better technology, offers longer range than the previous model, and is equipped with a quieter 1.5-liter engine which delivers an EPA-estimated 42 mpg. With this award, the Chevy Volt has become the first vehicle to receive the honor for two successive model generations.
General Motors is now offering the 2016 Chevy Volt in California along with 10 other states. It will be available in showrooms worldwide by early next year.
Detroit, MI-based General Motors is a prominent player in the global automotive industry. Currently the company carries a Zacks Rank #2 (Buy).