GM pulls plug on Malibu and Aura Hybrid

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Old 06-13-2009, 12:42 PM
cwerdna's Avatar
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Default GM pulls plug on Malibu and Aura Hybrid

http://www.google.com/hostednews/ap/...LSZRwD98OI6S02
http://www.msnbc.msn.com/id/31249072/

http://online.wsj.com/article/SB124468842019805121.html (you may need to visit this by clicking on the link from http://www.google.com/search?hl=en&q...street+journal first) has some choices quotes:
"We could care less," said Joe Menegos, sales manager at Ron Baker Chevrolet-Isuzu in National City, Calif. He noted the hybrid Malibu only gets what he described as marginally better fuel economy and said that the price is more expensive.
A base Malibu, carrying a four-cylinder engine, costs about $22,300, and a hybrid version, which uses a battery to help propel the vehicle, is about $4,000 more. Both models achieve 34 miles-per-gallon in highway driving, according to GM.
GM, which filed for bankruptcy last week, posts substantial losses on every hybrid Malibu it builds.
 
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