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2014 GMC Sierra, Chevy Silverado: Prices From About $25,000, 23-MPG EPA Highway

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2014 Chevrolet Silverado 1500

2014 Chevrolet Silverado 1500

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The 2014 GMC Sierra and 2014 Chevy Silverado will earn EPA-rated gas mileage figures of as high as 16/23 mpg mpg when they go on sale later this summer, General Motors announced today.

The 16/23-mpg figure for the GMC Sierra and Chevy Silverado, with the new generation of GM's 5.3-liter V-8, is 1 mpg higher than an EcoBoost-powered Ford F-150, and by 3 mpg versus the V-8-powered Ram 1500. It's also up to 2 mpg higher on the highway cycle than Ford's F-150, powered by its 5.0-liter V-8.

The new V-8 is rated at 355 horsepower and 383 pound-feet of torque, up 40 hp and 48 lb-ft from the prior version. Both the Silverado and Sierra can be equipped to tow up to 11,500 pounds with this engine.

The V-8 will be joined later by a 4.3-liter V-6 as the base engine, as well as a 6.2-liter V-8. Power outputs for those drivetrains have not been released.

The Silverado and Sierra both have base prices from the mid-$20,000 range. The 2014 Sierra, for example, comes in base regular-cab configuration from $25,085 including destination charges. The Sierra Double Cab is priced from $29,110; the Crew Cab, from $33,210. Standard equipment on all version includes a 4.2-inch display for the radio; cloth seats; long-life brake rotors; and a locking tailgate.

The 2014 Silverado is priced from $24,585 including destination charges. Double-cab versions will retail for $28,610, while the crew-cab model will start at $32,710. The Silverado also gets the same six- and bigger eight-cylinder engine options, with more information to come later.

We'll be driving both the Silverado and Sierra in the coming weeks--stay tuned for a first drive. For more, see our 2014 Chevrolet Silverado and 2014 GMC Sierra previews.

2014 GMC Sierra 1500

2014 GMC Sierra 1500

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