GM’s Chevy Brand Sweeps North America Car, Truck Awards
(Bloomberg) - General Motors Co. (GM)’s Chevrolet brand swept the North American Car and Truck of the Year awards at the Detroit auto show with its Corvette Stingray sports car and Silverado pickup.
The win, which marks the first time Detroit-based GM has taken both awards since 2007, underscores the automaker’s product resurgence following its 2009 U.S. government-backed bankruptcy reorganization. Ford Motor Co. in 2010 was the last to sweep the awards with the Transit Connect van and the hybrid version of its Fusion sedan.
GM’s win is “very significant,” said Mary Barra, who is slated to become chief executive officer Jan. 15 as Dan Akerson retires. “I hope that people look, and if they haven’t considered General Motors or Chevrolet they’ll get into the showroom, because I’m confident if they get into the showroom they’re going to see a lot of vehicles they like,” Barra told reporters after the awards were announced.
The Corvette Stingray beat out GM’s Cadillac CTS and Mazda Motor Corp.’s Mazda3. The Silverado, a full-sized pickup that ranks among GM’s most profitable vehicles, beat Honda Motor Co.’s Acura MDX and Chrysler Group LLC’s Jeep Cherokee.
GM rose 0.4 percent to $40.20 at 8:57 a.m. in New York. The stock advanced 42 percent last year.
More Industry

Penske Auto Group Deal a Record
The deal to take the dealership and transportation services company private sets a new pace for industry buy-sell transactions.
Read More →
War Toll a Damper on Used Auto Prices
Cox Automotive found wholesale depreciation to be elevated in September amid high fuel prices and this year's unusual hurricane season.
Read More →
Bridge the Maintenance Gap
With many drivers missing recommended maintenance, service departments offering transparency and efficiency have a better chance of reaching financially strained consumers.
Read More →
California Store Has New Owner
The longtime dealership in the northern part of the state is known for robust fleet sales and has served the state capital for 115 years.
Read More →
BMW Plant Pursues Cleaner Energy
BMW Group Plant Leipzig has utilized hydrogen to help power its production since 2013, but a new pipeline is planned to take it to another level.
Read More →
Auto Affordability Inches Up
The latest Cox Automotive and Moody’s Analytics index shows a slight increase in new-vehicle affordability despite high prices.
Read More →
Ohio Auto Group Under New Ownership
After 79 years with the Schluter family, Mansfield Auto Group has been acquired by Missouri-based Clement Auto Group.
Read More →
RV Group Expands Carolina Footprint
Blue Compass RV Columbia Northeast is the 13th RV dealership owned by Blue Compass in the Carolinas.
Read More →
Agent Acumen
An Agent Summit panel of people who’ve been supporting auto dealers for years gave both timely and timeless advice for those starting out or mulling the prospect.
Read More →
Missed Maintenance Creates Opportunity
As families get back on the road and into daily school routines, service drives have an opportunity to capture customers who are behind on recommended vehicle maintenance.
Read More →