General Motors` brand new Chevrolet Malibu model might not be challenging the leaders of the mid-sized area quite yet â€”Toyota Camry and the Honda Accordâ€” but the all-new sedan`s making headway quickly where the ex-generation auto fell short.
The Detroit News reports the brand new Malibu unit is selling at the transaction cost $5,000 higher than the ultimate-generation vehicle. Moreover, costs are steady now despite a market downturn plus Malibu sales were up with 50 percent in the first two months of the respective year.
Sales of the zone-topping tirm level LTZ are up also with a 21 percent take rate on the present auto whereas this out going Malibu saw a take rate of only around 5 percent.
But the news is not all good for the all-new Malibu. While the brand new sedan is selling really well to those who already owned a Chevrolet modelâ€” around 40 percent of Malibu customers are repeat Chevy clients â€” the Malibu is not taking buyers out of other brand names. According to J.D. Powers, just 1.4 percent of Malibu customers traded in a Camry unit and less than 1 percent of the clients swapped their Accord model for a brand new Malibu. And another 1.3 percent traded the Nissan Altima in for the Malibu.
Although just a few of the import drives are swapping the rides for an all-new Chevy, at least this Malibu is already a lot more successful than the predecessor.
|Chevrolet Malibu will have a four-cylinder with six-speed transmission|
|Base price for the 2013 Malibu is raised by Chevrolet|
|2013 Chevrolet Malibu was launched in China|
|Chevrolet Malibu Hybrid to debut only in 11 markets|
|GM stops the Malibu vs Camry comparison program|
|Chevrolet presents Malibu next week|
|The new engine of Chevrolet Malibu LTZ|
|Chevrolet Malibu limited stock supplies|
|The ad campaign for Malibu three times higher than CTS|
|The 2013 Chevrolet Malibu project was cancelled|
|Chevrolet Malibu US pricing|
|Chevrolet Malibu Turbo Performance Concept|
|Chevy Malibu Hybrid|
|Latest||Cars & News|
|2018 Buick Enclave review|
|2017 Ford F-250 XLT Super Duty review|
|2015 Audi A8 L Chauffeur review|
|2015 McLaren P1 by MSO review|
|2015 Mercedes-Benz S63 AMG Coupe review|
|2020 Porsche Macan GTS comes to fill Macan S and Macan Turbo range|
|Suzuki Jimny is set to get competition from Jeep|
|Toyota Highlander will be available in petrol only or hybrid powertrain|
|Skoda Rapid facelift was unveiled in Russia|
|McLaren 620R is the limited edition street version of the 570S GT4|