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Chevrolet increases Malibu’s price by $300 for 2009

04/23/2008, 2:48 PM

By Drew Johnson

The Chevrolet Malibu has already won the 2008 North American Car of the year Award, posted impressive sales results through its first six months on the market and has even released a new powertrain, so what’s left for General Motors’ all-new mid-size sedan? A price increase.

According to Chevrolet’s website, the 2008 Malibu will sticker from $20,295 — a $300 increase over the Malibu’s old sticker price of $19,995.

While Chevrolet has yet to comment on the price hike, industry analysts say that the higher price is a direct result of the Malibu’s strong sales. Since GM is selling less trucks and SUVs these days — the automaker’s biggest cash cows — the Detroit-based automaker must look to other models for revenue. Malibu sales were up 110 percent during the first quarter of this year, so a $300 premium probably won’t hurt sales much and will help GM see a little extra revenue — something the General needs after a 10.2 percent drop in U.S. sales last quarter.

Prices of the Chevrolet HHR, Cobalt and Impala are also expected to rise, but by less than the Malibu’s $300 increase.

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04/23, 2:51 PM

posted by:

400horseSS

Im really suprised it doesn’t cost more, its a damn good car.

04/23, 2:52 PM

posted by:

tripleonefive

LOL GM is getting ****y. Just like GM. It sells better than the last Malibu that’s it and there they go trying to gouge the patriots that buy this type of vehicle.
They have no right to raise any prices on their unproven POS’s and this is a bad move
They should be giving this thing away or decreasing the price

04/23, 3:07 PM

posted by:

johnnycanuck

I call bs GM. Why don’t you just come out and say your executives are overworked and underpayed and despite the UAW donating a portion of their union dues it just wasn’t enough to give these deserving leaders of industry the kind of compensation they were due.

Now that’s bs.

04/23, 3:13 PM

posted by:

400horseSS

Trip5, how is GM gouging people for $300, its not like Toyonda doing hybrids for 10k more.

04/23, 3:14 PM

posted by:

GIUGIK1

Yeah, I think that johnnycanuck is right. **** GM. I hate this ****. “hey,look,we’ve got a car that actually sells, let’s ask more money for it” . **** you, GM. **** you.

04/23, 3:20 PM

posted by:

mayer_ray_nagin

Lutz must need a new company BMW and somebody’s gotta pay for his gas.
.
1115, at least GM raises their prices AND their sales on the Malibu. Unlike Honda which jacked up the Accord’s price about $1,000 and is taking a 7% decrease in sales as a result. Make that 6% for the price increase, and per your favorite JD Powers the other percent are buying Chevys and adding to GM’s revenue.

04/23, 3:51 PM

posted by:

bolex

i think Lutz is getting ****y too, tripleonefive. coz seriously i was wondering if “LTZ”, is short for…lutz?

04/23, 4:02 PM

posted by:

rsg

Ummm, is anybody here actually in the car business? A price increase of $300 on the msrp of a $20k plus car is nothing and it happens all the time, whether they’re succesful or not. That’s not even mentioning the fact you’re getting a brand new 6 speed transmission compared to last year’s ancient 4 speed.

04/23, 4:04 PM

posted by:

Need4SSpeed

If you look at most cars, motorcycles, pretty much anything prices tend to go up over the years and even on a year to year basis, A $300 increase in a car isn’t going to = millions of $ in revenue for GM, if you also factor in the state they are in, rising fuel costs, price of steel, and obviously inflation it happens. They also said it’s going to happen for the Cobalt and HHR it sucks that it happens and it wouldn’t make me any happier. I remember when in like 2005 I was looking at getting a Suzuki SV 650S, price was $6,399 was the sticker. Didn’t get it. Looked at getting it in 06, now it was $6,499. I was like **** should have gotten it the year before. Now it costs $6600 3 years later.

04/23, 4:06 PM

posted by:

tzu13

Need4SSpeed: So you’re saying people should be glad to pay more for something GM should’ve had (a 6speed) years ago?

04/23, 4:07 PM

posted by:

HoosierHero

It’s called supply and demand lol. Why is everyone getting in a tissy here? Honestly, kids love paying for over-priced xbox’s, ipods, clothes, you name it! If you don’t buy it, then they’ll mark it down eventually or discontinue. So boycott it and you’ll eventually win. (Oh, but you need everyone else to do it too.) :)

04/23, 4:22 PM

posted by:

nitinsharma1000

i will never be able to afford one now. on second thought ill stick to with my accord

04/23, 4:24 PM

posted by:

rsg

Exactly Hoosier Hero.If LLN didn’t allude to GM greed in this article and just noted the price was increasing $300 next year there would be no story and hence, no kool-aid for the 1115’s and johnnycanucks of this world to drink.

04/23, 4:24 PM

posted by:

nitinsharma1000

all you GM lovers, whats up with the crappy resale. And why does the ZR-1 still have the interior every magazine dislikes. Kudos for every other part of the car tho. Specially the brakes.

04/23, 4:43 PM

posted by:

shaver

That crappy interior is reason corvette is deal of century.

04/23, 4:56 PM

posted by:

howsmydriving

What the hell is $300 in the grand scheme of things? They’ll be rebating more than $300 the second demand for the Malibu takes a dive. The non-story du jour IMO.

04/23, 4:59 PM

posted by:

rms492

I would buy a Malibu, if it were offered in 2-door (coupe) form.
Guess that leaves the Accord Coupe, Altima Coupe, and Toyota Solara.

Too bad!

04/23, 5:19 PM

posted by:

rsg

I’d rather buy a Camaro than a Malibu coupe. I’m thinking I’m not alone here?

04/23, 6:15 PM

posted by:

DeansterTJ

$300 is nothing. If you lease the ‘Bu for 4 years at a 40% residual value (end-lease), you’re looking at paying $160 more over the term. Divided by 48 months, it’s under $4 a month. Big ****ing deal.

04/23, 6:21 PM

posted by:

Jordan

400horseSS, last i checked the price difference between a base highlander and a hybrid highlander was about $6k. between a camry le and a camry hybrid, about $5k. i don’t see the $10k price gouge.

the difference between a base malibu and a malibu hybrid is about $4k. so the difference is a little less than the camry.

but then, the difference between a base tahoe and a tahoe hybrid is $15k. i could buy a cobalt with that. so who’s ****ing over who?

as for the malibu’s $300 price increase, i really have no problem with it. the 6-speed gearbox is a overdue, but the fact that it’s here now is worth $300. the only thing i would be concerned about is that this moves its base price even farther away from the camry’s base, and public perception of the camry is much better.

04/23, 6:34 PM

posted by:

400horseSS

Check Pappas Toyota homeboy.

04/23, 6:46 PM

posted by:

tripleonefive

Honda jacked up the Accord’s price about $1,000 bc its a large car now and its reliable and proven unlike the Malibu
Honda Accord sales were UP 6.9% so I dont know what you are talking about and the 1.3 are buying chevys is not real bc the Accord sales arent down lol
Silly even responding to you
Hybrid are different animals all Together 400 gas guz
nitinsharma1000 its about time someone talked some sense on here

04/23, 7:15 PM

posted by:

autonut

johnnycanuck, I could not said it better myself.
$300 raise over sticker does not irk me as much as 50% raise to Lutz & Putz over their over achievements. Hey they are #2 now just like Borat’s sister (or something floating)!

04/23, 7:58 PM

posted by:

nitinsharma1000

Lutz and Putz…..lol.

04/23, 8:05 PM

posted by:

Shismo

Is $300 really worth mentioning?

04/23, 8:22 PM

posted by:

Need4SSpeed

not at all tzu13, I’m saying that due to certain factors, like inflation, rising fuel costs, etc, etc costs of things go up. That $300 alone isn’t just due to GM upgrading from a 4spd auto to a 6spd. It’s a combination of factors. I’m also not saying to be happy about paying more because who would be happy?

04/23, 8:43 PM

posted by:

johnnycanuck

Thank you autonut. If bs was royalty Lutz would be King.

rsg: as a matter of fact I do drink Kool-Aid. I don’t drink coffee so I throw a single in a bottle of water every morning for the ride to work. Oh Yeah!

04/23, 10:11 PM

posted by:

Jordan

if you got ****ty toyota dealers around there that jack up prices just because they can, that’s not toyota’s fault.

i’m not going to get pissy at gm because a couple of the dealers around here raise prices above sticker on their “prestige” models.

04/23, 10:14 PM

posted by:

AMGoff

Right… because only consumers are left paying for inflation and high oil prices… I forgot manufacturers are exempt! Only on LLN would some of the readers consider $300 to be “gouging.”

Oh… and according (no pun intended) to the logic of one little retard… the new Accord isn’t “proven” yet because it hasn’t been on the market long enough…. just like 3 years isn’t long enough to gauge the reliability of a car.

The time of BS logic is over…

04/23, 10:33 PM

posted by:

tripleonefive

LOL the Accord is proven bc its been on the market since 1976 and is proven reliable over and over again just like GM is unproven bc the Malibu is a POS
Sorry but thats just how it is

04/23, 10:39 PM

posted by:

Carwatcher

I wish they would not use so much plastic in their interiors.

04/23, 11:46 PM

posted by:

trantz

Weren’t they making Malibu’s like in the 60’s? I may be wrong on this… But say Chevrolet did make a Malibu in the 60’s, and some were still around. Wouldn’t that make the Malibu more provener because is has been on the market longer? Not my logic, but sounds fair.

04/24, 12:00 AM

posted by:

AMGoff

^^trantz… there is no logic when it comes to 1115… you better learn awfully quick that his opinion is the only standard by which things are judged… and that he is the ultimate decider of what’s good and bad… and that the only logic is that which he determines – even if it contradicts his own logic.

I beg of you… don’t even bother… he is ALWAYS right and he is NEVER wrong… and nothing he EVER says is mere OPINION, but stone cold fact. That’s just the way it is… you must bow before him and admit that you’re wrong and that he has somehow become the preeminent purveyor of all automotive knowledge.

(ie – he’s the poster child for why parents shouldn’t over-compliment their children… or not smother them, either way…)

04/24, 12:05 AM

posted by:

AMGoff

… or he’ll throw a lot of meaningless links at you and claim “victory,” because he also doesn’t own a dictionary… but he doesn’t have to own one, because he knows everything… but if he did he would be able to look up what the word “conjecture” means… but if he did that, then he would have to admit that all of his “facts” are actually opinions… and he can’t do that because he has never once and is absolutely incapable of admitting that what he says is nothing but opinions.

(ie – you can also add it as the poster child for superiority-complexes)

04/24, 7:59 AM

posted by:

frylock350

@1115,
“GM is unproven bc the Malibu is a POS”
Contradicting ourselves aren’t we. If its unproven it can’t be anything :)

04/24, 9:13 AM

posted by:

trantz

AMGoff – Your point was well received, and also very funny!

04/24, 11:05 AM

posted by:

tripleonefive

The Malibu wasnt steady throughout the years. It was in the 60 then the 80’s then discontinued and bought back in 1997 so that is the latest installments that I am referring to that If they had stayed steady throughout the years Mr Tranz I would agree with you but even then we would have to compare the resale and reliability record of the cars next to the Accord or Camry
The Malibu has numerous problems and AMG Off refuses to read the links I sent in the Buick and Opel threads bc he will have to admit that GM not only makes an unreliable car but a dangerous one at that
Untill he is willing to man up and admit that I have nothing to say
he realizes that if he does he cant talk any more GM is equal bull**** bc GM is clearly not equal

04/24, 11:50 AM

posted by:

AMGoff

tripleoneretard – Amazing how you’re only capable of regurgitating what other people say… First it’s Consumer Reports… Now it’s saying what I’ve already said to you and spinning it around the other way.

Not surprising from a boy who can’t even do simple arithmetic…

04/24, 1:03 PM

posted by:

trantz

Hate to respond but I have too… 1115’s comments sound alot like how I used to chat when I was 14, but I wasn’t so persistant.

04/24, 3:55 PM

posted by:

tripleonefive

AMG Off refuses to read the links I sent in the Buick and Opel threads bc he will have to admit that GM not only makes an unreliable car but a dangerous one at that
Still dodging

04/24, 4:23 PM

posted by:

lamboz get a life

tripleonefag is 14 and he lives with his Mom. is’nt an Acura article calling your name retard?

04/24, 5:49 PM

posted by:

ClarksonForPresident

good car but with inflation heading towards 5% how do they expect to make money?

04/25, 4:52 PM

posted by:

lamboz get a life

retards, it’s 300.00 dollars not 3,000.00 dollars.

04/25, 5:42 PM

posted by:

beantownslut

For $300, you should get an accord, a malibu and a camry

 
 
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