Cars Blog

Finance Blogs » Cars Blog » Truck of the year: Chevy Silverado

Truck of the year: Chevy Silverado

By Tara Baukus Mello ·
Tuesday, January 14, 2014
Posted: 3 pm ET

The Chevrolet Silverado 1500 gets 23 mpg on the highway, according to EPA estimates.

The Chevrolet Silverado 1500 gets 23 mpg on the highway, according to EPA estimates.

The Chevrolet Silverado 1500 pickup has won the prestigious 2014 North American Truck of the Year at the North American International Auto Show in Detroit. The Silverado was named the winner after receiving 219 points from the jurors, beating out the Jeep Cherokee (174 points) and the Acura MDX (97 points).

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.

Bankrate wants to hear from you and encourages comments. We ask that you stay on topic, respect other people's opinions, and avoid profanity, offensive statements, and illegal content. Please keep in mind that we reserve the right to (but are not obligated to) edit or delete your comments. Please avoid posting private or confidential information, and also keep in mind that anything you post may be disclosed, published, transmitted or reused.

By submitting a post, you agree to be bound by Bankrate's terms of use. Please refer to Bankrate's privacy policy for more information regarding Bankrate's privacy practices.
January 15, 2014 at 9:54 pm

I find it rather odd that a company can receive an award for producing a vehicle that produces 355 (is that right?) horsepower and still gets 23 mpg and people would still have derogatory remarks to make. I guess you just cant please everyone. All I can say is my 2004 Silverado is getting tired,I wish I had one!

January 15, 2014 at 9:42 pm

The trouble with a chevy is the trouble with a chevy.

January 15, 2014 at 9:36 pm

If it wasn't for Fords My tools would rust

January 15, 2014 at 7:33 pm

A rather useless award! Judged only for fuel economy? Surely I missed something. I need a truck for it's power, not fuel sipping ability. I'll stick with my F350.

January 15, 2014 at 7:17 pm

My experience tells me that it is the individual truck, and not the entire Ford or Chevy line that is either good or bad. I mean, if you bought a Chevy and had trouble, you probably say Chevy is not Good, or at least not as good as Ford. And Vice/Versa. I say this: GM took the government buy-out; Ford did not. I will buy Ford. Chevy owes the taxpayers a lot of money.

January 15, 2014 at 6:33 pm

Once again someone got paid BIG TIME for this award.

Paul P.
January 15, 2014 at 6:25 pm

WOW! After getting 49 billion dollars from the government, and only paying back 39 billion,[ because the gov. decided to cash out early], makes you wonder what's going on. Ford clearly is 10 yrs. ahead in technology, plus didn't take a dime of OUR MONEY.Ford will continue to sell more trucks than Gov. Motors for the next 28 yrs. The game is definitely fixed. I've owned 4 Chev's and 5 Fords.

January 15, 2014 at 5:45 pm

Had many a Ford in my years, and the old adage still sticks in my mind Fix Or Repair Daily (FORD). I like my Chevy truck so much, I bought another one for a total of two.

January 15, 2014 at 5:22 pm

Government motors you can keep them im sticking with FORD ,PERIOD!

January 15, 2014 at 5:10 pm

Ford Tough Its a hard pill to swallow.