Not Logged In Log In   Sign Up   Points Leaders
Follow Us    5:37 AM

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
millerin
Champion Author Orlando

Posts:5,178
Points:1,251,300
Joined:Jan 2012
Message Posted: Feb 10, 2013 10:15:43 AM

a good car!
Straitliner
Champion Author Illinois

Posts:4,965
Points:1,043,155
Joined:Sep 2012
Message Posted: Feb 10, 2013 7:41:09 AM

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

Posts:18,534
Points:2,203,990
Joined:Jun 2009
Message Posted: Feb 10, 2013 4:30:04 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.
MINIWINI598
Champion Author Washington

Posts:6,945
Points:1,331,975
Joined:Dec 2011
Message Posted: Feb 10, 2013 2:05:53 AM

Go Chevy...
Amplion
Champion Author Oregon

Posts:10,282
Points:2,645,570
Joined:Sep 2005
Message Posted: Feb 9, 2013 11:41:48 PM

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

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

Posts:9,828
Points:2,905,650
Joined:Oct 2005
Message Posted: Feb 9, 2013 11:34:08 PM

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

Posts:13,020
Points:2,230,955
Joined:Oct 2008
Message Posted: Feb 9, 2013 11:19:59 PM

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

Posts:11,287
Points:2,373,585
Joined:Oct 2008
Message Posted: Feb 9, 2013 11:07:01 PM

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

Posts:3,580
Points:1,095,095
Joined:Sep 2005
Message Posted: Feb 9, 2013 11:05:22 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]
JasTheAce
Champion Author Raleigh

Posts:4,290
Points:1,000,635
Joined:Nov 2012
Message Posted: Feb 9, 2013 11:03:34 PM

chevy's are terrible
N5EXY
Champion Author Austin

Posts:8,913
Points:2,320,265
Joined:Jul 2004
Message Posted: Feb 9, 2013 11:03:31 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]
MG_Sputnik
Champion Author Philadelphia

Posts:10,458
Points:2,767,955
Joined:Apr 2006
Message Posted: Feb 9, 2013 10:59:02 PM

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

Posts:9,187
Points:2,378,515
Joined:Aug 2003
Message Posted: Feb 9, 2013 10:57:46 PM

desperation.
lasriog
Veteran Author Texas

Posts:307
Points:975,315
Joined:Jan 2012
Message Posted: Feb 9, 2013 10:57:11 PM

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

Posts:14,839
Points:2,579,325
Joined:Apr 2008
Message Posted: Feb 9, 2013 10:56:56 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.
ScottTee
Champion Author Detroit

Posts:7,635
Points:1,862,050
Joined:Mar 2010
Message Posted: Feb 9, 2013 10:55:57 PM

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

Posts:10,156
Points:2,154,665
Joined:Feb 2009
Message Posted: Feb 9, 2013 10:52:19 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.
granitestater
Champion Author New Hampshire

Posts:13,020
Points:2,230,955
Joined:Oct 2008
Message Posted: Feb 9, 2013 10:51:58 PM

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

Posts:2,871
Points:1,368,440
Joined:May 2011
Message Posted: Feb 9, 2013 10:50:20 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
benjy
Champion Author Chicago

Posts:11,171
Points:2,569,215
Joined:Nov 2003
Message Posted: Feb 9, 2013 10:50:16 PM

so does jeep...
Jeeputtputt
Champion Author Ohio

Posts:3,042
Points:693,325
Joined:Aug 2009
Message Posted: Feb 9, 2013 10:49:11 PM

gm sucks
txkrb
Champion Author Texas

Posts:2,871
Points:1,368,440
Joined:May 2011
Message Posted: Feb 9, 2013 10:48:03 PM

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

Posts:8,767
Points:2,308,440
Joined:Dec 2006
Message Posted: Feb 9, 2013 10:44:48 PM

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

Posts:7,336
Points:1,653,650
Joined:Jan 2011
Message Posted: Feb 9, 2013 10:37:20 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!
bvrbill
Champion Author Eugene

Posts:8,436
Points:1,352,125
Joined:Jul 2011
Message Posted: Feb 9, 2013 10:33:22 PM

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

Posts:1,362
Points:114,835
Joined:Jun 2008
Message Posted: Feb 9, 2013 10:32:41 PM

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

Posts:9,694
Points:2,375,135
Joined:Jan 2008
Message Posted: Feb 9, 2013 10:32:26 PM

go bankrupt and get it over
bvrbill
Champion Author Eugene

Posts:8,436
Points:1,352,125
Joined:Jul 2011
Message Posted: Feb 9, 2013 10:31:37 PM

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

Posts:978
Points:163,030
Joined:Jan 2012
Message Posted: Feb 9, 2013 10:31:17 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
BREW9
Champion Author Tampa

Posts:4,252
Points:3,723,885
Joined:Jun 2004
Message Posted: Feb 9, 2013 10:29:56 PM

cut sell
Buddy2264
Champion Author Tampa

Posts:15,130
Points:3,200,245
Joined:Oct 2005
Message Posted: Feb 9, 2013 10:24:01 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.
HoosierDaddyKY
Champion Author Kentucky

Posts:3,524
Points:856,880
Joined:Dec 2011
Message Posted: Feb 9, 2013 10:17:12 PM

well...
Carol7777
Champion Author Houston

Posts:116,714
Points:984,670
Joined:Dec 2012
Message Posted: Feb 9, 2013 10:16:48 PM

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

Posts:7,077
Points:1,583,940
Joined:Sep 2009
Message Posted: Feb 9, 2013 10:14:36 PM

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

Posts:11,499
Points:2,461,665
Joined:Nov 2007
Message Posted: Feb 9, 2013 10:14:24 PM

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

Posts:9,411
Points:2,543,420
Joined:Mar 2004
Message Posted: Feb 9, 2013 10:12:57 PM

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

Posts:9,094
Points:1,969,060
Joined:May 2006
Message Posted: Feb 9, 2013 10:12:37 PM

Sale....
serrog
Champion Author Nova Scotia

Posts:8,947
Points:2,344,940
Joined:Oct 2008
Message Posted: Feb 9, 2013 10:11:10 PM

Lots of sales out there
JaegerWMeister
Champion Author Twin Cities

Posts:1,314
Points:638,380
Joined:Mar 2012
Message Posted: Feb 9, 2013 10:07:48 PM

Supply & demand
angieoke
All-Star Author Phoenix

Posts:913
Points:469,155
Joined:Sep 2012
Message Posted: Feb 9, 2013 10:07:41 PM

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

Posts:563
Points:1,523,775
Joined:Mar 2009
Message Posted: Feb 9, 2013 10:07:26 PM

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

Posts:499
Points:1,594,605
Joined:Dec 2009
Message Posted: Feb 9, 2013 10:02:16 PM

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

Posts:4,878
Points:2,063,495
Joined:May 2008
Message Posted: Feb 9, 2013 10:01:33 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.
Math6149
Champion Author Jacksonville

Posts:1,219
Points:2,472,785
Joined:Jan 2007
Message Posted: Feb 9, 2013 9:58:17 PM

Government waste.
texashoudini
Champion Author Austin

Posts:4,262
Points:1,803,770
Joined:Jun 2009
Message Posted: Feb 9, 2013 9:57:47 PM

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

Posts:10,620
Points:1,712,385
Joined:May 2004
Message Posted: Feb 9, 2013 9:54:51 PM

Garbage in, garbage out.
snky2k
Champion Author Indianapolis

Posts:3,674
Points:1,080,920
Joined:Mar 2012
Message Posted: Feb 9, 2013 9:53:39 PM

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

Posts:10,444
Points:3,299,890
Joined:Jun 2004
Message Posted: Feb 9, 2013 9:53:15 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.
barbs24
Champion Author Virginia Beach

Posts:6,180
Points:2,832,650
Joined:Feb 2006
Message Posted: Feb 9, 2013 9:49:43 PM

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

Posts:5,715
Points:1,409,340
Joined:Aug 2011
Message Posted: Feb 9, 2013 9:45:18 PM

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

Posts:6,625
Points:1,923,480
Joined:Oct 2009
Message Posted: Feb 9, 2013 9:43:03 PM

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