GasBuddy Blog

GasBuddy News Article

votes

GM cuts Malibu prices as sales lag

USA Today -- General Motors has cut prices on the Chevrolet Malibu in an acknowledgment that the model is falling behind its competitors in the ferociously competitive midsize sedan segment.

GM on Friday confirmed that it had slashed the Malibu price by $345, $415 and $770 for the LS, LTZ and LT models, respectively. The company cut the price for the Malibu Eco and 2LT models $300.

The basic model is now $22,805, including destination charges.

That compares to $23,030 for the lowest-price Toyota Camry and $22,470 for the least-expensive Honda Accord. Camry and Accord are the two best-sellers and the major competetion for any maker selling midsize sedans.

"It's no secret Malibu has had a hard time competing and has witnessed a sales slump of late. Pricing is one way to get in the game and ....

Read the Full Article

Submitted Feb 09, 2013 By: brbaritone

Back To News

Category: Daily News Article Discussions > Topics	Add to favorite topics

Author	Topic: GM cuts Malibu prices as sales lag	Post a Reply Back to Topics

REPLIES (newest first)Ignore Short Messages

First

Next Last

millerin Champion Author Orlando Posts:2,322 Points:483,315 Joined:Jan 2012	Message Posted: Feb 10, 2013 9:15:43 AM Ignore millerin Report Abuse a good car!
Straitliner Champion Author Illinois Posts:1,510 Points:240,225 Joined:Sep 2012	Message Posted: Feb 10, 2013 6:41:09 AM Ignore Straitliner Report Abuse Go Chevy ,Ford, and Chrysler. At least you didnt buy a piece of junk foreign car.
mnrick041 Champion Author Twin Cities Posts:14,316 Points:1,371,010 Joined:Jun 2009	Message Posted: Feb 10, 2013 3:30:04 AM Ignore mnrick041 Report Abuse They would have to cut the price a lot more to get me to buy a Malibu. I test drove 3 of them back in 2011, walked off the lot and went to a nearby Ford dealership and bought a 2012 Fusion which in my opinion is a much nicer car. I still have the Fusion and there is no way I would trade it for a Chevy.
MINIWINI598 Champion Author Washington Posts:3,028 Points:520,650 Joined:Dec 2011	Message Posted: Feb 10, 2013 1:05:53 AM Ignore MINIWINI598 Report Abuse Go Chevy...
Amplion Champion Author Oregon Posts:6,778 Points:1,867,105 Joined:Sep 2005	Message Posted: Feb 9, 2013 10:41:48 PM Ignore Amplion Report Abuse GM NEEDS TO WORK ON SAFETY & QUALITY !!!! CAMRY, ACCORD, MALIBU: ALL ARE OVER PRICED & ALL NEED BETTER QUALITY & SAFETY !!!
Zonk Champion Author Michigan Posts:6,496 Points:2,104,940 Joined:Oct 2005	Message Posted: Feb 9, 2013 10:34:08 PM Ignore Zonk Report Abuse GM maybe should first start with quality and then adjust price.
granitestater Champion Author New Hampshire Posts:8,836 Points:1,432,700 Joined:Oct 2008	Message Posted: Feb 9, 2013 10:19:59 PM Ignore granitestater Report Abuse Never thought of the Malibu as an economy car.
silverfox63 Champion Author Michigan Posts:8,130 Points:1,613,665 Joined:Oct 2008	Message Posted: Feb 9, 2013 10:07:01 PM Ignore silverfox63 Report Abuse Even at that price, people cannot afford a new car.
69Bonne Champion Author Gary Posts:1,165 Points:476,075 Joined:Sep 2005	Message Posted: Feb 9, 2013 10:05:22 PM Ignore 69Bonne Report Abuse Big deal, $300-$700. Put another zero behind it. Drove one recently when I was on a trip. It was a nice ride, and good gas mileage. [Edited by: 69Bonne at 2/10/2013 12:06:39 AM EST]
JasTheAce All-Star Author Raleigh Posts:985 Points:175,260 Joined:Nov 2012	Message Posted: Feb 9, 2013 10:03:34 PM Ignore JasTheAce Report Abuse chevy's are terrible
N5EXY Champion Author Austin Posts:5,502 Points:1,512,030 Joined:Jul 2004	Message Posted: Feb 9, 2013 10:03:31 PM Ignore N5EXY Report Abuse That is why it has always been called a Mal-a-boo-boo, MG_Sputnik! [Edited by: N5EXY at 2/10/2013 12:07:08 AM EST]
MG_Sputnik Champion Author Philadelphia Posts:7,320 Points:1,962,580 Joined:Apr 2006	Message Posted: Feb 9, 2013 9:59:02 PM Ignore MG_Sputnik Report Abuse That's because the car sucks!
ccrb Champion Author Indianapolis Posts:9,089 Points:1,943,495 Joined:Aug 2003	Message Posted: Feb 9, 2013 9:57:46 PM Ignore ccrb Report Abuse desperation.
lasriog Sophomore Author Texas Posts:144 Points:337,480 Joined:Jan 2012	Message Posted: Feb 9, 2013 9:57:11 PM Ignore lasriog Report Abuse Nobody called it an economy car granite, the article clearly states midsize sedan
clermont40miles Champion Author Cincinnati Posts:10,588 Points:1,774,820 Joined:Apr 2008	Message Posted: Feb 9, 2013 9:56:56 PM Ignore clermont40miles Report Abuse from the article... GM on Friday confirmed that it had slashed the Malibu price by $345, $415 and $770 for the LS, LTZ and LT models, respectively. The company cut the price for the Malibu Eco and 2LT models $300. The basic model is now $22,805, including destination charges. ---- my comment... Not enough money to make a difference to anyone seriously concerned about price. Very small discount. And for a GM? No way.
ScottTee Champion Author Detroit Posts:4,401 Points:1,065,645 Joined:Mar 2010	Message Posted: Feb 9, 2013 9:55:57 PM Ignore ScottTee Report Abuse the car has little going for it compared to the competition.
CiVX Champion Author Oakland Posts:7,055 Points:1,360,360 Joined:Feb 2009	Message Posted: Feb 9, 2013 9:52:19 PM Ignore CiVX Report Abuse America lost its reputation for quality and value in the 70's out of stupidity and I don't see the grossly overpaid corporate directors getting any smarter or having any incentive to regain Americas reputation.
granitestater Champion Author New Hampshire Posts:8,836 Points:1,432,700 Joined:Oct 2008	Message Posted: Feb 9, 2013 9:51:58 PM Ignore granitestater Report Abuse I wouldn't call it an economy car.
txkrb Champion Author Texas Posts:1,563 Points:639,965 Joined:May 2011	Message Posted: Feb 9, 2013 9:50:20 PM Ignore txkrb Report Abuse GM is #1 automaker in U.S. (more cars sold in U.S. than any other automaker in the world) and #2 in the world only because Japan has a closed market and U.S. automakers almost cannot sell in Japan
benjy Champion Author Chicago Posts:8,604 Points:1,790,485 Joined:Nov 2003	Message Posted: Feb 9, 2013 9:50:16 PM Ignore benjy Report Abuse so does jeep...
Jeeputtputt Champion Author Ohio Posts:3,002 Points:677,465 Joined:Aug 2009	Message Posted: Feb 9, 2013 9:49:11 PM Ignore Jeeputtputt Report Abuse gm sucks
txkrb Champion Author Texas Posts:1,563 Points:639,965 Joined:May 2011	Message Posted: Feb 9, 2013 9:48:03 PM Ignore txkrb Report Abuse So many stupid posts by people who do not have a clue
HA4CNN Champion Author Toronto Posts:5,639 Points:1,546,415 Joined:Dec 2006	Message Posted: Feb 9, 2013 9:44:48 PM Ignore HA4CNN Report Abuse Soon they will have to cut the prices to all of their vehicles
RAKARWOWSKI Champion Author Chicago Posts:4,010 Points:822,975 Joined:Jan 2011	Message Posted: Feb 9, 2013 9:37:20 PM Ignore RAKARWOWSKI Report Abuse Auto makers are cutting the price on several models by thousands, goes to show how their greed is out of control by asking so much over cost!
bvrbill Champion Author Eugene Posts:3,238 Points:520,800 Joined:Jul 2011	Message Posted: Feb 9, 2013 9:33:22 PM Ignore bvrbill Report Abuse They're not expecting another bailout, are they.
veemotors All-Star Author Alberta Posts:717 Points:67,145 Joined:Jun 2008	Message Posted: Feb 9, 2013 9:32:41 PM Ignore veemotors Report Abuse drop it to 1980's prices and i might consider it
mstearno Champion Author Dayton Posts:8,080 Points:1,734,140 Joined:Jan 2008	Message Posted: Feb 9, 2013 9:32:26 PM Ignore mstearno Report Abuse go bankrupt and get it over
bvrbill Champion Author Eugene Posts:3,238 Points:520,800 Joined:Jul 2011	Message Posted: Feb 9, 2013 9:31:37 PM Ignore bvrbill Report Abuse They're not expecting another bailout, are they.
emtrob2012 All-Star Author Myrtle Beach Posts:919 Points:151,880 Joined:Jan 2012	Message Posted: Feb 9, 2013 9:31:17 PM Ignore emtrob2012 Report Abuse lets face it....GM will never be better than Toyota... American can makers can never beat Japan. the reasons ? 1)unions 2)they people of Japan takes great pride in what they make...its a different in philosophy
BREW9 All-Star Author Tampa Posts:896 Points:2,914,905 Joined:Jun 2004	Message Posted: Feb 9, 2013 9:29:56 PM Ignore BREW9 Report Abuse cut sell
Buddy2264 Champion Author Tampa Posts:11,669 Points:2,362,895 Joined:Oct 2005	Message Posted: Feb 9, 2013 9:24:01 PM Ignore Buddy2264 Report Abuse They have to make a profit, but expenses are high. People have to learn to get by on a liveable wage and all will survive, but on inflated wages we all suffer in the end costs.
HoosierDaddyKY Champion Author Kentucky Posts:1,277 Points:298,135 Joined:Dec 2011	Message Posted: Feb 9, 2013 9:17:12 PM Ignore HoosierDaddyKY Report Abuse well...
Carol7777 All-Star Author Houston Posts:737 Points:150,160 Joined:Dec 2012	Message Posted: Feb 9, 2013 9:16:48 PM Ignore Carol7777 Report Abuse I'm still a proponent of American built. I hope cutting prices helps. But the surest way is to build the best car.
coughlin Champion Author San Jose Posts:5,195 Points:1,119,815 Joined:Sep 2009	Message Posted: Feb 9, 2013 9:14:36 PM Ignore coughlin Report Abuse They'll need to cut them more than that
Lukus Champion Author Halifax Posts:8,299 Points:1,677,455 Joined:Nov 2007	Message Posted: Feb 9, 2013 9:14:24 PM Ignore Lukus Report Abuse Gee, they have to cut into their profits and bonuses.
gmcgas Champion Author Atlanta Posts:5,963 Points:1,716,120 Joined:Mar 2004	Message Posted: Feb 9, 2013 9:12:57 PM Ignore gmcgas Report Abuse sorry but the chevy not as good of car.
DrLyon Champion Author Michigan Posts:6,660 Points:1,213,780 Joined:May 2006	Message Posted: Feb 9, 2013 9:12:37 PM Ignore DrLyon Report Abuse Sale....
serrog Champion Author Nova Scotia Posts:5,579 Points:1,515,055 Joined:Oct 2008	Message Posted: Feb 9, 2013 9:11:10 PM Ignore serrog Report Abuse Lots of sales out there
JaegerWMeister All-Star Author Twin Cities Posts:810 Points:340,715 Joined:Mar 2012	Message Posted: Feb 9, 2013 9:07:48 PM Ignore JaegerWMeister Report Abuse Supply & demand
angieoke Sophomore Author Little Rock Posts:188 Points:136,985 Joined:Sep 2012	Message Posted: Feb 9, 2013 9:07:41 PM Ignore angieoke Report Abuse maybe needs to go a little lower, who can buy a new car with gas prices so high????
Yetie Sophomore Author Las Vegas Posts:218 Points:814,990 Joined:Mar 2009	Message Posted: Feb 9, 2013 9:07:26 PM Ignore Yetie Report Abuse They should sell these cars as compact if they want them to sell.
XC60T6 Veteran Author Detroit Posts:345 Points:938,100 Joined:Dec 2009	Message Posted: Feb 9, 2013 9:02:16 PM Ignore XC60T6 Report Abuse price it at 16,000.00 & GM will see a run...
rawdog1313 Champion Author Lexington Posts:3,319 Points:1,645,830 Joined:May 2008	Message Posted: Feb 9, 2013 9:01:33 PM Ignore rawdog1313 Report Abuse So, make them with quality and price them accordingly. If that means lower prices for them to sell then I see nothing wrong with that.
Math6149 All-Star Author Jacksonville Posts:873 Points:1,798,125 Joined:Jan 2007	Message Posted: Feb 9, 2013 8:58:17 PM Ignore Math6149 Report Abuse Government waste.
texashoudini Champion Author Austin Posts:2,627 Points:1,097,615 Joined:Jun 2009	Message Posted: Feb 9, 2013 8:57:47 PM Ignore texashoudini Report Abuse When they aren't selling, you price them where they will.
GoneUpAgain Champion Author Atlanta Posts:7,624 Points:1,348,175 Joined:May 2004	Message Posted: Feb 9, 2013 8:54:51 PM Ignore GoneUpAgain Report Abuse Garbage in, garbage out.
snky2k Champion Author Indianapolis Posts:1,408 Points:305,515 Joined:Mar 2012	Message Posted: Feb 9, 2013 8:53:39 PM Ignore snky2k Report Abuse @drz614 - We are! Better to support American companies than foreign.
rjoeh Champion Author Michigan Posts:7,091 Points:2,472,165 Joined:Jun 2004	Message Posted: Feb 9, 2013 8:53:15 PM Ignore rjoeh Report Abuse GM needs to get its thinking straight. Make a few cars well... not a lot of cars so so. Personally.. I think the Cruze is stealing sales from the Malibu and they can't see it.
barbs24 Champion Author Virginia Beach Posts:3,154 Points:2,042,745 Joined:Feb 2006	Message Posted: Feb 9, 2013 8:49:43 PM Ignore barbs24 Report Abuse I still don't want one. Sorry
drz614 Champion Author Harrisburg Posts:2,314 Points:600,545 Joined:Aug 2011	Message Posted: Feb 9, 2013 8:45:18 PM Ignore drz614 Report Abuse why aren't the union folks buying these cars?