Chevrolet Malibu Hybrid Production Suspended for 2010
Due to slow sales and a surplus of 2009 models, GM is notifying its dealers that 2010 Chevrolet Malibu hybrid production has been suspended. While no cars will be produced for retail sales, the company will continue to fill some fleet orders.
The move should come as no surprise for dealers who are having an easier time selling the four-cylinder models with the six-speed automatic transmission. Four-cylinder Malibus obtain nearly the same mpg on the highway and cost about $4000 less than the hybrids.
Hybrid models get 26 mpg in the city and 34 mpg on the highway. Four-cylinder Malibus aren't too far off, with 22 mpg in the city and 33 mpg on the highway.
In the meantime, GM is currently working on a next-generation hybrid powertrain that will achieve much better mileage, allowing the Malibu hybrid to compete with the likes of the Ford Fusion and Toyota Camry hybrids. Former GM CEO Rich Wagoner announced the company's plans for the next-generation hybrid system in March. Wagoner said the hybrid system will be available in cars and trucks around the world sometime in 2010.
Source: The Detroit News