2014 Chevrolet Silverado, GMC Sierra Pricing, Power Announced

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General Motors officially unwrapped the 2014 Chevrolet Silverado and 2014 GMC Sierra full-size pickups back in December, but shied away from talking numbers when it came to power, fuel consumption, or pricing. That’s no longer the case, as the General began to feed us some firm specifications earlier this morning.

Let’s start with powertrain. As we previously reported, the three direct-injection engines offered in the 2014 Silverado and Sierra include a 4.3-liter V-6, a 5.3-liter V-8, and a 6.2-liter V-8. Of those three, GM is only willing to dish on the 5.3-liter V-8 at this point in time.

Why the focus on the 5.3-liter? Because it’s the first engine to reach the market in a new Silverado and Sierra. When production commences later this quarter, GM will be building only crew-cab Silverado/Sierra models equipped with the 5.3-liter V-8, as that’s the configuration it believes most buyers will opt for. GM also expects the 5.3-liter V-8 will serve as its volume engine option. Jeff Luke, executive chief engineer for GM’s full-size truck program, says three out of four 2014 Silverado/ Sierra models will be built with the 5.3-liter V-8.

GM rates the new, direct-injection 5.3-liter V-8 at 355 horsepower at 5600 rpm, and 383 lb-ft at 4100 rpm. That’s a hearty increase over the previous 5.3-liter V-8 offered in the 2013 Silverado and Sierra, which produced only 315 hp at 5200 rpm and 335 lb-ft at 4400 rpm. GM has coaxed a little more efficiency out of the engine as well: despite still using a six-speed automatic transmission, two-wheel drive 2014 Silverado/ Sierra models should achieve as much to 16/23 mpg (city/highway), while four-wheel drive models should attain a 16/22 mpg rating. In contrast, 2013 Silverado/ Sierra two- and four-wheel drive pickups were EPA rated at 15/21 mpg.

How does this stack up against the competition? We’ve rounded up the figures here for you to look at. Compared to most mid-grade V-8 offerings, including the Ram 1500’s 4.7-liter V-8 and the Toyota Tundra’s 4.6-liter V-8, the new 5.3-liter V-8 excels in both horsepower and torque. That said, the new 5.3-liter V-8 does come in just beneath the 2013 Ford F-150’s 5.0-liter V-8 and the optional twin-turbocharged 3.5-liter EcoBoost V-6.

Model MY14 Chevy/GM MY13 Ram 1500 MY13 Ford F-150 MY13 Nissan Titan MY13 Toyota Tundra
Engine 5.3L V-8 4.7L V-8 5.7L V-8 3.5L TT V-6 5.0L V-8 5.6L V-8 4.6L V-8 5.7L V-8
HP @ RPM 355 @ 5600 310 @ 5650 395 @ 5600 365 @ 5000 360 @ 5500 317@ 5200 RPM 310 @ 5600 381@5600
Torque @ RPM 383 @4100 330 @3950 407 @ 3950 420 @ 2500 380 @ 4250 385 @3400 rpm 327 @ 3400 401 @ 3600
Transmission 6AT 6AT 6AT, 8AT 6AT 6AT 5AT 6AT 6AT
EPA Estimates 2WD: 16/23 2WD: 14/20 2WD, 6AT: 14/20 2WD: 16/22 2WD: 15/21 2WD: 13/18 2WD: 15/20 2WD: 13/18
4WD: 16/22 4WD: 15/21 4WD, 6AT: 13/19 4WD: 15/21 4WD: 14/19 4WD: 12/17 4WD: 14/19 4WD: 13/17
4WD, 8AT: 15/21
Stacked against the premium 5.7-liter V-8s offered in both the Ram 1500 and Toyota Tundra, GM’s 5.3-liter comes up a little shy in power and torque – but it’s not necessarily supposed to compete directly with either engine. Expect GM to position the forthcoming 6.2-liter V-8 option as a true competitor to these engines, along with Ford’s 6.2-liter V-8.

If its initial estimated figures hold true, GM’s trump card may be fuel economy ratings. As GM boasted on this morning’s conference call, the 5.3-liter Silverado/ Sierra should come in higher than any of its competitors -- including the Ford F-150 EcoBoost.

We’ve yet to see any finalized payload or curb weight figures, but GM is already trumpeting that a 2014 Silverado/ Sierra can tow up to 11,500 pounds with the 5.3-liter V-8. That figure applies to Silverado/Sierra double cabs equipped with the optional Max Trailering Package. Like the double cab configuration itself, that package – which adds a 9.76-inch rear axle with a 3.73:1 gear ratio, enhanced radiator cooling, firmer springs and dampers, and an increased rear axle weight rating – won’t be available until the fall of 2013. GM notes its tow figures were calculated “following the performance elements” of the SAE J2807 standard, but it won’t abide by the entire rating process until every one of its competitors does.

That brings us to pricing. Luke says 2014 Silverado models – regardless of trim, driveline, or cab/bed configuration – are no more expensive than comparable 2013 Silverados. As such, a base 2014 Silverado W/T regular cab, two-wheel drive pickup should start at $24,585, including $995 in destination fees. Crew-cab models – like those available this spring – should start at $32,710 for two-wheel-drive Silverado W/T models. On W/T and LT models, the 5.3-liter V-8 adds another $895 to the MSRP.

On the GMC side, 2014 Sierra models are about $500 more than comparable 201 models, which Luke attributes to some additional standard equipment. Base Sierra regular cab models start at $25,085, including destination. Base crew-cab 2014 Sierra models will sticker for $33,210, and the 5.3-liter V-8 remains an $895 option on Sierra and Sierra SLE models.

Source: GM

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