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GM reveals Colorado and Canyon fuel economy estimates

Fuel ratings for only the V6 are announced
Fuel ratings for only the V6 are announced
GM by permission

General Motors announced just some of the fuel economy numbers for their new generation 2015 mid-size pickup trucks yesterday. With their new pickup trucks slated to enter the market later in the fall of 2014, performance information on the new Chevrolet Colorado and GMC Canyon trucks continues to dribble out slowly.

The fuel economy estimates released today were only for the optional 3.6L V6 with the 6-speed automatic transmission.

For 2WD models GM estimates 18/26 mpg City/Highway with an expected average of 21 mpg. For the 4WD models, the estimate is 17/24 mpg City/Highway and average of 20 mpg. GM says that testing is still going on with the standard 2.4L 4-cylinder and hope to release those numbers in the near future.

It is also important to note that the new Colorado and Canyon will add a power train option in 2016 when the durable 2.8L Duramax turbodiesel is added to the lineup. For now, there are no hints as to the expected performance for this additional power train.

With the new trucks due this fall, GM began taking dealer orders in August. They report that the initial response is beyond their expectations with over 30,000 Colorado mid-size pickups having been ordered as of the end of August. Retail sales response, of course, is yet to come – but it appears that GM dealers are counting on these new trucks to compete well with the solidly established Toyota Tacoma and Nissan Frontier – both of which are a bit long in the tooth and a year or more away from a new generation.

Though Ford and Ram abandoned this segment some time ago and Toyota and Nissan have been slow to get new product into the segment, GM has been bullish on the future of the segment with a defined strategy to kill the old generation in 2012 and build a whole new truck for 2015. Orders from dealers for over 30,000 vehicles (in just the Colorado alone) in the first month says their dealers are bullish too.

Automotive News has reported that analysts predict GM may well sell 70,000 to 90,000 of the two trucks in the first year. It is interesting to consider those estimates when looking at the last full year (2013) segment sales that totaled about 225,000. Near 70 percent of those were the Toyota Tacoma and Nissan Frontier trucks with the balance coming from the Honda Ridgeline (yes it is considered a mid-size pickup) plus the last of the 2012 Colorado and Canyons.

So far in 2014, the segment has sold about 175,000 units – mostly the Tacoma followed by the Frontier and trailed by the Ridgeline. If the mid-size market demand in 2015 is between 250,000 and 300,000, those numbers are possible.

We have been following these new mid-size trucks from GM for a full year now. We have reported on them in several times over the period.
Pricing for Colorado and Canyon - August 5, 2014
Tow Capacity - June 19, 2014
Future of the Mid-Size Pickup Segment – February 1, 2014
Preview of the GMC Canyon – January 29, 2014
Preview of the Chevrolet Colorado – November 20, 2013

As we have noted previously, the proof of these new trucks will be in the driving. We are anxiously awaiting a first drive opportunity - when we can tell you more about how good these trucks really are. Frankly, we think they may exceed expectations.

Source: General Motors

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