General Motors has announced that its 2008 Chevrolet Malibu mid-size sedan will come to dealerships by November 1, 2008 and will start at $19,345. The seventh-generation Malibu (the first car of the family was introduced 44 years ago in 1964!) shares its long-wheelbase Epsilon with the European Opel Signum, but will be assembled in Kansas City, Kansas.
Although not really expensive, the car nevertheless bears $2,000 heavier price tag than the 2007 year’s model and is noticeably pricier than its close competitors, such as Toyota Camry and, probably, 2008 Honda Accord.
The 2008 Chevrolet Malibu will be available in five -Base LS ($19,345), 1LT ($20,305), 2LT ($21,985) and LTZ ($26,345)- trims. There will also be a Hybrid version of the car, which will start at the mild $22,140.
The Malibu Hybrid is almost $3,000 less expensive than the Toyota Camry Hybrid but there is a catch, because the Malibu is not a “real” hybrid.
Being equipped with GM’s mild hybrid system, i.e. featuring a 36 Volt electric motor coupled with a 2.4 liter Ecotec VVT four-pot and a four speed transmission, the Malibu Hybrid offers only about 2mpg improvement over the “normal” Malibu, which is about 24/32mpg.
At the same time, Toyota claims that the Camry Hybrid, which is equipped with the “real” Hybrid Synergy Drive will run around 40 mpg in the city, 38 mpg on the highway and about 39 mpg in a combined cycle.
See also: 2007 Nissan Altima Hybrid price