The Chevrolet Silverado 1500 pickup truck has been redesigned for 2014. It offers the best fuel economy of any V-8 pickup on the market, getting 23 mpg on the highway, according to EPA estimates. The 355-horsepower 5.3-liter EcoTec3 V-8 achieves this fuel economy, thanks to cylinder deactivation technology where it seamlessly switches to operating on four cylinders during light-load driving to save on gas.
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 brand new or substantially redesigned for the 2014. The Silverado was last named North American Truck of the Year in 2007.
This is the fourth time that a General Motors branded truck has won in the history of the award. Domestic automakers have won the award 14 times, while Japanese automakers have won four times and European automakers have received the honor three times.
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.