General Motors announced pricing on the important new Chevrolet Malibu model earlier this week. The basic LS model opens the bidding at $22,995. A well equipped 1LT package Malibu takes the price up to $24,895, while a fully loaded LTZ model comes in at $33,610.

"This is GM's attempt to get back into the passenger car market," said automotive industry analyst Erich Merkle. Aside from the competitive pricing, GM is also backing the car with a massive advertising campaign. The importance of Malibu for GM cannot be overlooked.

Two engines are available to suit a variety of needs. The first is a 169 horsepower, 2.4 litre four-cylinder, while a 252 horsepower V6 can be fitted for added performance and power. A six speed automatic transmission comes with the V6, and will be offered on the four-cylinder mill starting this spring too- a segment first.

"Malibu is built to be the best midsize car in the market and is loaded with standard features that many competitors don't offer at any price," said Marc Comeau, vice president of Sales, Service and Marketing for GM of Canada. "The design team focused on the attributes that mattered most to midsize car buyers. Malibu has great performance, fuel economy and refinement, packaged in a clean contemporary design that carries the new face of Chevrolet."

A hybrid model will also join the lineup, with a starting price of just $26,995.

Source: Auto123.com

 

That base price makes no sense. The Camry LE, Accord LX and Altima S are all about $21,000. This is a very price conscious segment. What makes GM think it can charge a $2000 premium (over the Japanese big 3) for the Malibu?

Wait a sec, are these Canadian prices?

 

when an impala is in the same price range why are there two of the same brand cars in the same segment

 

Yep, those are Canadian prices.

For the US, Malibu LS is $20,000. LTZ is $27,000.

 

Yeah, loonie moola.

 

I like this new Malibu a lot inside and out. Good job GM.

 

and it is hybrid... where is Toyota hybrid?

:-)

 

You mean, this one?

 

They will offer the first 4cyl passenger car with a 6spd auto transmission. That's not too shabby

 

Yep, considering that Acura/Infiniti still stick to a 5 speed with their $50k cars.

 

You just had to pick the worse colour, didn't you (no offense to Jasper Pearl owners)

 

Not bad, I really like the new look

 

Wait $26k for a mild hybrid that improves fuel economy by only 3 mpg. How long will it take to make up for that extra cost? 40 years?

 

There's a reason it costs 4k more than the nonhybrid model. Guess what the tax rebate for buying a hybrid is?

 

The front is nice. The back is hideous

$27k and it's in CAD. So $4,000 (but we don't know the equipment level yet between the base and the hybrid model so the actual difference might be less).

If the Aura Hybrid was any indication (See Edmunds' Comparo), then the Malibu has its work cut out for it.

$2,000 in BC, ON, PEI and MB. I doubt this qualifies for a EcoAuto rebate (federal level incentive).