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GM previously lowered the Malibu's base price between $300 to $770, depending on the model, in an effort to spur sales. The move had limited success. The base version of the Malibu, with an automatic transmission and a 2.5-liter four-cylinder engine, gets an estimated 26 miles per gallon in combined city and highway driving, a figure that was respectable for a midsize car just a few years ago. But the base Altima gets an estimated 31 mpg, while the Accord gets 30. GM said it wouldn't release gas mileage or other details of the revamped Malibu until Friday morning. On the plus side, the makeover shows that GM is a more responsive company than the one that went into bankruptcy protection in 2009, Dominique said. Years ago, GM would have kept its factories running without change while selling more to rental car companies and raising discounts, Dominique said. "I think this is indicative of the new GM, to respond to market competitiveness and improve quickly," he said.
[Associated
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