News Source: Volkswagen, Motor Trend

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The all-new, seventh-generation Volkswagen Golf has captured Motor Trend's prestigious Car of the Year award. The Golf, along with its many variants, which include the diesel-powered TDI, GTI hot hatch and electric E-Golf, beat out a slew of competitors which included corporate cousin Audi and its new A3.

Other finalist vehicles bested by the Golf include the 2015 Ford Mustang, BMW 2 Series, Honda Fit, Hyundai Genesis, Kia Sedona, Lexus RC, Maserati Ghibli and Mercedes-Benz S-Class.

"VW floored our judges by reimagining the seventh generation Golf for nearly every need and want," Motor Trend Editor-in-Chief Ed Loh said in a statement. "From the value-laden Golf 1.8T and high-MPG Golf TDI to the legendary hot hatch GTI and all-electric e-Golf, there truly is a Golf for everyone."

As it did with its SUV of the Year contest last month, which was taken by the 2015 Honda CR-V, Motor Trend rated a total of 23 vehicles in six categories, ranging from how they look, to how efficient they are to their overall value. That was pared down to ten finalists before the Golf was declared the winner.

Scroll down for the celebratory press release from Volkswagen, and then head over to Motor Trend for an extended explainer on why the Golf reigned supreme for 2014.