The 2020 Corvette has been named the North American Car of the Year, with jurors hailing Chevrolet for daring to move the car to a new mid-engine platform whilst also retaining the vehicle’s approachable $60,000 price tag.
“A mid-engine Corvette was a huge risk for Chevy’s muscle-car icon. They nailed it. Stunning styling, interior, and performance for one-third of the cost of comparable European exotics,” concluded The Detroit News‘ automotive critic and NACTOY juror Henry Payne.
The 2020 Corvette was up against a number of other competitive new for the Car of the Year award, including the new Toyota Supra, BMW Z4 and Porsche 911. The Cadillac CT5 was also named a finalist for the award, though the luxury sedan didn’t impress jurors in the same way Chevy’s mid-engine offering did.
NACTOY awards are chosen by a panel of 50 jurors from print, online, radio and broadcast automotive media from across the United States and Canada. The North American Truck of the Year and Utility of the Year awards are handed out separately, with the Jeep Gladiator taking Truck of the Year and the Kia Telluride taking Utility of the Year for 2020.
The Corvette’s Car of the Year trophy will join other hardware in the sports car’s display case, with the ‘Vette having also been named the 2020 Motor Trend Car of the Year and receiving a Car and Driver 10 Best award. The Detroit Free Press also named the 2020 Corvette as its car of the year for 2020.
It’s not hard to see why the 2020 Corvette has been showered with praise by the automotive media. With up a sub three-second 0-60 mph time, a top speed of over 180 mph and the same price as some family SUVs, the vehicle has the potential to re-write the performance car rulebook and likely has brands like Porsche on high notice. The arrival of a mid-engine, high-performance car that is priced well under $100,000 may even drive brands like Lamborghini, Aston Martin and Ferrari to strive for more from their mass-market models, which often sell for $200,000 plus.