The Bolt beat the Genesis G90 and Volvo S90 to claim the honour, which was announced by the North American Car and Truck/Utility of the Year jury on their Twitter account.
Chevy's highly anticipated plug-in electric vehicle, Bolt EV, was named auto of the Year.
Since the Chevy Bolt EV had its first deliveries in the last few weeks of the year (with a total of just over 500), it qualified for the award.
Finally, Utility Vehicle of the Year went to Fiat Chrysler and this year's model of the Chrysler Pacifica.
Brent oil steadies above $55 ahead of supply cut deal
The bottom line, however, is that no one knows where oil prices will be this time next year or even six months from now. Analysts S&P Global Platts surveyed Tuesday were looking for a draw of 1.5 million barrels.
The Chevy Bolt has been named North American Car of the Year at the North American International Auto Show (NAIAS) today, making it the third significant award for the Detroit-based automaker's first long-range all-electric sedan. It previously won two other big prizes, being named Green Car of the Year at the Los Angeles Auto Show, as well as the Motor Trend Car of the Year, notes CNNMoney.
Honda's Ridgeline took the top honor as Truck of the Year, beating out Ford's F-Series Super Duty and the Nissan Titan. And lastly, finalists for the Utility Vehicle of the Year included the Jaguar F-PACE and the Mazda CX9.
About 60 automotive journalists serve as judges.
The Detroit Auto Show will be open to the public with ticket purchases available from January 14 to January 22.