The Chevrolet Corvette Stingray is new for 2014 and is the most powerful Corvette ever built at its standard model level. Its 6.2-liter V-8 engine produces 455 horsepower and 460 pounds-feet of torque. An optional Z51 Performance Package gives the Stingray 460 horsepower and 465 pounds-feet of torque and enables it to travel from zero to 60 mph in 3.8 seconds.
The award is given by a group of 49 automotive journalists from the U.S. and Canada and is financed solely from jurors' dues. The group initially considers all cars that are new or substantially redesigned for the 2014.
This is the sixth time in the award history that a General Motors branded car has won. Domestic automakers have won the award 12 times in its history, while European automakers have won four times. Japanese automakers have received the honor three times, while a Korean automaker (Hyundai) has won twice.
Tara Baukus Mello writes the cars blog as well as the weekly Driving for Dollars column, providing both practical financial advice for consumers as well as insight into the latest developments in the automotive world. Follow her on Facebook here or on Twitter @SheDrives.