GM Invests $174 Million in 2016 Chevrolet Malibu Production - Motor Trend
The 2016 Chevrolet Malibu, which goes into production later this year, is larger and more efficient than the outgoing version. It will be equipped with a base 1. 5-liter turbo four with a six-speed automatic and a 37-mpg hwy rating, or a 2. 0-liter turbo four with an eight-speed automatic. A Malibu Hybrid is also on its way, and it should achieve a fuel economy rating of over 45 mpg. On topic this Malibu is definitely an improvement over the previous one. I had an 11 in LTZ trim as a rental for a month a couple years ago. I also agree, it is still the best looking since 2008, but this new one is an improvement over the current model. That $174 mil (not $120) is just to get Fairfax plant ready to assemble the new Malibu. GM invested well over a billion into the new Malibu - taking into account the cost of a new platform, new engines, new transmission, new hybrid system, etc. (of course, these costs are spread out among several models which will make use of the various components). It will be the lightest most fuel efficient midsized on the market. So the maintenance costs are among the lowest in the industry. GM will be selling alot more Malibus next year than they do this year. Source: wot.motortrend.com
