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GasBuddy News Article

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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 ....


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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
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millerin
Champion Author Orlando

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Message Posted: Feb 10, 2013 11:15:43 AM

a good car!
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Straitliner
Champion Author Illinois

Posts:3,246
Points:572,215
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Message Posted: Feb 10, 2013 8:41:09 AM

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

Posts:16,429
Points:1,706,295
Joined:Jun 2009
Message Posted: Feb 10, 2013 5:30:04 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.
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MINIWINI598
Champion Author Washington

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Message Posted: Feb 10, 2013 3:05:53 AM

Go Chevy...
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Amplion
Champion Author Oregon

Posts:8,511
Points:2,182,515
Joined:Sep 2005
Message Posted: Feb 10, 2013 12:41:48 AM

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

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

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Message Posted: Feb 10, 2013 12:34:08 AM

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

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Message Posted: Feb 10, 2013 12:19:59 AM

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

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Message Posted: Feb 10, 2013 12:07:01 AM

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

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Message Posted: Feb 10, 2013 12:05:22 AM

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]
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JasTheAce
Champion Author Raleigh

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Message Posted: Feb 10, 2013 12:03:34 AM

chevy's are terrible
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N5EXY
Champion Author Austin

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Message Posted: Feb 10, 2013 12:03:31 AM

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]
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MG_Sputnik
Champion Author Philadelphia

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Message Posted: Feb 9, 2013 11:59:02 PM

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

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Message Posted: Feb 9, 2013 11:57:46 PM

desperation.
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lasriog
Sophomore Author Texas

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Message Posted: Feb 9, 2013 11:57:11 PM

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

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Message Posted: Feb 9, 2013 11:56:56 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.
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ScottTee
Champion Author Detroit

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Message Posted: Feb 9, 2013 11:55:57 PM

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

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Message Posted: Feb 9, 2013 11:52:19 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.
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granitestater
Champion Author New Hampshire

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Message Posted: Feb 9, 2013 11:51:58 PM

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

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Message Posted: Feb 9, 2013 11:50:20 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
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benjy
Champion Author Chicago

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Message Posted: Feb 9, 2013 11:50:16 PM

so does jeep...
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Jeeputtputt
Champion Author Ohio

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Message Posted: Feb 9, 2013 11:49:11 PM

gm sucks
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txkrb
Champion Author Texas

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Message Posted: Feb 9, 2013 11:48:03 PM

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

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Message Posted: Feb 9, 2013 11:44:48 PM

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

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Message Posted: Feb 9, 2013 11:37:20 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!
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bvrbill
Champion Author Eugene

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Message Posted: Feb 9, 2013 11:33:22 PM

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

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Message Posted: Feb 9, 2013 11:32:41 PM

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

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Message Posted: Feb 9, 2013 11:32:26 PM

go bankrupt and get it over
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bvrbill
Champion Author Eugene

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Message Posted: Feb 9, 2013 11:31:37 PM

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

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Message Posted: Feb 9, 2013 11:31:17 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
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BREW9
Champion Author Tampa

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Message Posted: Feb 9, 2013 11:29:56 PM

cut sell
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Buddy2264
Champion Author Tampa

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Message Posted: Feb 9, 2013 11:24:01 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.
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HoosierDaddyKY
Champion Author Kentucky

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Message Posted: Feb 9, 2013 11:17:12 PM

well...
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Carol7777
Champion Author Houston

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Message Posted: Feb 9, 2013 11:16:48 PM

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

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Message Posted: Feb 9, 2013 11:14:36 PM

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

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Message Posted: Feb 9, 2013 11:14:24 PM

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

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Message Posted: Feb 9, 2013 11:12:57 PM

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

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Message Posted: Feb 9, 2013 11:12:37 PM

Sale....
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serrog
Champion Author Nova Scotia

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Message Posted: Feb 9, 2013 11:11:10 PM

Lots of sales out there
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JaegerWMeister
Champion Author Twin Cities

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Message Posted: Feb 9, 2013 11:07:48 PM

Supply & demand
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angieoke
Veteran Author Little Rock

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Message Posted: Feb 9, 2013 11:07:41 PM

maybe needs to go a little lower, who can buy a new car with gas prices so high????
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Yetie
Veteran Author Las Vegas

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Message Posted: Feb 9, 2013 11:07:26 PM

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

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Message Posted: Feb 9, 2013 11:02:16 PM

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

Posts:4,863
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Message Posted: Feb 9, 2013 11:01:33 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.
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Math6149
All-Star Author Jacksonville

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Message Posted: Feb 9, 2013 10:58:17 PM

Government waste.
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texashoudini
Champion Author Austin

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Message Posted: Feb 9, 2013 10:57:47 PM

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

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Message Posted: Feb 9, 2013 10:54:51 PM

Garbage in, garbage out.
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snky2k
Champion Author Indianapolis

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Message Posted: Feb 9, 2013 10:53:39 PM

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

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Message Posted: Feb 9, 2013 10:53:15 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.
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barbs24
Champion Author Virginia Beach

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Message Posted: Feb 9, 2013 10:49:43 PM

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

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Message Posted: Feb 9, 2013 10:45:18 PM

why aren't the union folks buying these cars?
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