Not Logged In Log In   Sign Up   Points Leaders
Follow Us    6:32 PM

GasBuddy News Article

45
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
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: GM cuts Malibu prices as sales lag Back to Topics
REPLIES (newest first) Post a Reply
Profile Pic
millerin
Champion Author Orlando

Posts:4,659
Points:1,103,175
Joined:Jan 2012
Message Posted: Feb 10, 2013 9:15:43 AM

a good car!
Profile Pic
Straitliner
Champion Author Illinois

Posts:4,453
Points:919,430
Joined:Sep 2012
Message Posted: Feb 10, 2013 6:41:09 AM

Go Chevy ,Ford, and Chrysler. At least you didnt buy a piece of junk foreign car.
Profile Pic
mnrick041
Champion Author Twin Cities

Posts:17,944
Points:2,054,985
Joined:Jun 2009
Message Posted: Feb 10, 2013 3:30:04 AM

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.
Profile Pic
MINIWINI598
Champion Author Washington

Posts:6,333
Points:1,205,525
Joined:Dec 2011
Message Posted: Feb 10, 2013 1:05:53 AM

Go Chevy...
Profile Pic
Amplion
Champion Author Oregon

Posts:9,754
Points:2,525,340
Joined:Sep 2005
Message Posted: Feb 9, 2013 10:41:48 PM

GM NEEDS TO WORK ON SAFETY & QUALITY !!!!

CAMRY, ACCORD, MALIBU: ALL ARE OVER PRICED & ALL NEED BETTER QUALITY & SAFETY !!!
Profile Pic
Zonk
Champion Author Michigan

Posts:9,323
Points:2,780,525
Joined:Oct 2005
Message Posted: Feb 9, 2013 10:34:08 PM

GM maybe should first start with quality and then adjust price.
Profile Pic
granitestater
Champion Author New Hampshire

Posts:12,382
Points:2,105,730
Joined:Oct 2008
Message Posted: Feb 9, 2013 10:19:59 PM

Never thought of the Malibu as an economy car.
Profile Pic
silverfox63
Champion Author Michigan

Posts:10,774
Points:2,247,155
Joined:Oct 2008
Message Posted: Feb 9, 2013 10:07:01 PM

Even at that price, people cannot afford a new car.
Profile Pic
69Bonne
Champion Author Gary

Posts:3,227
Points:997,750
Joined:Sep 2005
Message Posted: Feb 9, 2013 10:05:22 PM

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]
Profile Pic
JasTheAce
Champion Author Raleigh

Posts:3,787
Points:855,635
Joined:Nov 2012
Message Posted: Feb 9, 2013 10:03:34 PM

chevy's are terrible
Profile Pic
N5EXY
Champion Author Austin

Posts:8,389
Points:2,196,095
Joined:Jul 2004
Message Posted: Feb 9, 2013 10:03:31 PM

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]
Profile Pic
MG_Sputnik
Champion Author Philadelphia

Posts:10,005
Points:2,639,270
Joined:Apr 2006
Message Posted: Feb 9, 2013 9:59:02 PM

That's because the car sucks!
Profile Pic
ccrb
Champion Author Indianapolis

Posts:9,187
Points:2,294,515
Joined:Aug 2003
Message Posted: Feb 9, 2013 9:57:46 PM

desperation.
Profile Pic
lasriog
Veteran Author Texas

Posts:268
Points:868,185
Joined:Jan 2012
Message Posted: Feb 9, 2013 9:57:11 PM

Nobody called it an economy car granite, the article clearly states midsize sedan
Profile Pic
clermont40miles
Champion Author Cincinnati

Posts:14,244
Points:2,454,320
Joined:Apr 2008
Message Posted: Feb 9, 2013 9:56:56 PM

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.
Profile Pic
ScottTee
Champion Author Detroit

Posts:7,228
Points:1,740,530
Joined:Mar 2010
Message Posted: Feb 9, 2013 9:55:57 PM

the car has little going for it compared to the competition.
Profile Pic
CiVX
Champion Author Oakland

Posts:9,668
Points:2,020,190
Joined:Feb 2009
Message Posted: Feb 9, 2013 9:52:19 PM

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.
Profile Pic
granitestater
Champion Author New Hampshire

Posts:12,382
Points:2,105,730
Joined:Oct 2008
Message Posted: Feb 9, 2013 9:51:58 PM

I wouldn't call it an economy car.
Profile Pic
txkrb
Champion Author Texas

Posts:2,686
Points:1,251,130
Joined:May 2011
Message Posted: Feb 9, 2013 9:50:20 PM

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
Profile Pic
benjy
Champion Author Chicago

Posts:10,958
Points:2,454,810
Joined:Nov 2003
Message Posted: Feb 9, 2013 9:50:16 PM

so does jeep...
Profile Pic
Jeeputtputt
Champion Author Ohio

Posts:3,037
Points:693,000
Joined:Aug 2009
Message Posted: Feb 9, 2013 9:49:11 PM

gm sucks
Profile Pic
txkrb
Champion Author Texas

Posts:2,686
Points:1,251,130
Joined:May 2011
Message Posted: Feb 9, 2013 9:48:03 PM

So many stupid posts by people who do not have a clue
Profile Pic
HA4CNN
Champion Author Toronto

Posts:8,262
Points:2,183,440
Joined:Dec 2006
Message Posted: Feb 9, 2013 9:44:48 PM

Soon they will have to cut the prices to all of their vehicles
Profile Pic
RAKARWOWSKI
Champion Author Chicago

Posts:6,831
Points:1,505,625
Joined:Jan 2011
Message Posted: Feb 9, 2013 9:37:20 PM

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!
Profile Pic
bvrbill
Champion Author Eugene

Posts:7,568
Points:1,204,775
Joined:Jul 2011
Message Posted: Feb 9, 2013 9:33:22 PM

They're not expecting another bailout, are they.
Profile Pic
veemotors
Champion Author Alberta

Posts:1,314
Points:106,975
Joined:Jun 2008
Message Posted: Feb 9, 2013 9:32:41 PM

drop it to 1980's prices and i might consider it
Profile Pic
mstearno
Champion Author Dayton

Posts:9,630
Points:2,295,855
Joined:Jan 2008
Message Posted: Feb 9, 2013 9:32:26 PM

go bankrupt and get it over
Profile Pic
bvrbill
Champion Author Eugene

Posts:7,568
Points:1,204,775
Joined:Jul 2011
Message Posted: Feb 9, 2013 9:31:37 PM

They're not expecting another bailout, are they.
Profile Pic
emtrob2012
All-Star Author Myrtle Beach

Posts:978
Points:163,030
Joined:Jan 2012
Message Posted: Feb 9, 2013 9:31:17 PM

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
Profile Pic
BREW9
Champion Author Tampa

Posts:3,742
Points:3,597,435
Joined:Jun 2004
Message Posted: Feb 9, 2013 9:29:56 PM

cut sell
Profile Pic
Buddy2264
Champion Author Tampa

Posts:14,597
Points:3,046,795
Joined:Oct 2005
Message Posted: Feb 9, 2013 9:24:01 PM

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.
Profile Pic
HoosierDaddyKY
Champion Author Kentucky

Posts:3,156
Points:762,745
Joined:Dec 2011
Message Posted: Feb 9, 2013 9:17:12 PM

well...
Profile Pic
Carol7777
Champion Author Houston

Posts:106,020
Points:834,570
Joined:Dec 2012
Message Posted: Feb 9, 2013 9:16:48 PM

I'm still a proponent of American built. I hope cutting prices helps. But the surest way is to build the best car.
Profile Pic
coughlin
Champion Author San Jose

Posts:6,662
Points:1,449,810
Joined:Sep 2009
Message Posted: Feb 9, 2013 9:14:36 PM

They'll need to cut them more than that
Profile Pic
Lukus
Champion Author Halifax

Posts:11,000
Points:2,336,910
Joined:Nov 2007
Message Posted: Feb 9, 2013 9:14:24 PM

Gee, they have to cut into their profits and bonuses.
Profile Pic
gmcgas
Champion Author Atlanta

Posts:8,903
Points:2,400,995
Joined:Mar 2004
Message Posted: Feb 9, 2013 9:12:57 PM

sorry but the chevy not as good of car.
Profile Pic
DrLyon
Champion Author Michigan

Posts:8,829
Points:1,835,290
Joined:May 2006
Message Posted: Feb 9, 2013 9:12:37 PM

Sale....
Profile Pic
serrog
Champion Author Nova Scotia

Posts:8,440
Points:2,197,715
Joined:Oct 2008
Message Posted: Feb 9, 2013 9:11:10 PM

Lots of sales out there
Profile Pic
JaegerWMeister
Champion Author Twin Cities

Posts:1,314
Points:638,180
Joined:Mar 2012
Message Posted: Feb 9, 2013 9:07:48 PM

Supply & demand
Profile Pic
angieoke
All-Star Author Phoenix

Posts:826
Points:416,590
Joined:Sep 2012
Message Posted: Feb 9, 2013 9:07:41 PM

maybe needs to go a little lower, who can buy a new car with gas prices so high????
Profile Pic
Yetie
All-Star Author Las Vegas

Posts:503
Points:1,401,045
Joined:Mar 2009
Message Posted: Feb 9, 2013 9:07:26 PM

They should sell these cars as compact if they want them to sell.
Profile Pic
XC60T6
Veteran Author Detroit

Posts:474
Points:1,481,230
Joined:Dec 2009
Message Posted: Feb 9, 2013 9:02:16 PM

price it at 16,000.00 & GM will see a run...
Profile Pic
rawdog1313
Champion Author Lexington

Posts:4,878
Points:2,042,870
Joined:May 2008
Message Posted: Feb 9, 2013 9:01:33 PM

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.
Profile Pic
Math6149
Champion Author Jacksonville

Posts:1,181
Points:2,366,190
Joined:Jan 2007
Message Posted: Feb 9, 2013 8:58:17 PM

Government waste.
Profile Pic
texashoudini
Champion Author Austin

Posts:4,008
Points:1,686,190
Joined:Jun 2009
Message Posted: Feb 9, 2013 8:57:47 PM

When they aren't selling, you price them where they will.
Profile Pic
GoneUpAgain
Champion Author Atlanta

Posts:10,620
Points:1,712,310
Joined:May 2004
Message Posted: Feb 9, 2013 8:54:51 PM

Garbage in, garbage out.
Profile Pic
snky2k
Champion Author Indianapolis

Posts:3,371
Points:947,005
Joined:Mar 2012
Message Posted: Feb 9, 2013 8:53:39 PM

@drz614 - We are! Better to support American companies than foreign.
Profile Pic
rjoeh
Champion Author Michigan

Posts:9,935
Points:3,154,170
Joined:Jun 2004
Message Posted: Feb 9, 2013 8:53:15 PM

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.
Profile Pic
barbs24
Champion Author Virginia Beach

Posts:5,695
Points:2,709,045
Joined:Feb 2006
Message Posted: Feb 9, 2013 8:49:43 PM

I still don't want one. Sorry
Profile Pic
drz614
Champion Author Harrisburg

Posts:5,207
Points:1,285,115
Joined:Aug 2011
Message Posted: Feb 9, 2013 8:45:18 PM

why aren't the union folks buying these cars?
Profile Pic
Bigtex09
Champion Author Dallas

Posts:6,615
Points:1,820,730
Joined:Oct 2009
Message Posted: Feb 9, 2013 8:43:03 PM

not interested in their products at this time
Post a reply Back to Topics