Chevrolet Bolt wins top 'green car' from Consumer Reports

By David Shepardson

WASHINGTON (Reuters) - Hyundai Motor Co's Genesis brand topped the annual ranking of new vehicles by influential U.S. magazine Consumer Reports, while General Motors Co's electric Chevrolet Bolt was named top pick for compact green car.

Millions of prospective auto buyers consult the magazine's rankings, which are based on road testing, reliability, safety and owner satisfaction scores.

Hyundai has created a fledgling new luxury brand, Genesis, and the Consumer Reports rankings are based on just two models.

Reuters reported last week that some potential buyers of Tesla’s long-delayed Model 3 sedan are concerned they will miss out on big federal tax breaks and are looking for alternatives like the Bolt. GM sold 23,297 Bolts in 2017.

Tesla has told some holders of Model 3 reservations that they would not get their cars until 2019. Frustrated Tesla buyers, afraid that waiting could cost them a $7,500 electric vehicle tax credit, have factored into brisk demand for Bolts, according to GM dealers in California, the top U.S. market for electric vehicles.

Volkswagen AG's Audi luxury unit was ranked second among brands. The VW brand was 16th and its Porsche brand was fifth.

Source: Yahoo News