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.
Source: Yahoo News
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