We've got a bit of a wait ahead of us in the United States, but if this interior photo does indeed show the Chevy Cruze's passenger compartment, then maybe it'll be worth it. TheCaranatic.com doesn't tell the source of the image, the Daewoo logo on the wheel indicates that it was probably snapped in South Korea, where the car will be produced for the European and Asian markets. As for the interior itself? Well, based on the photo it looks top-notch, blending a lot of Opel Insignia with dashes of Chevy Malibu to create a very pleasant driver's environment. This is promising.
We've got a bit of a wait ahead of us in the United States, but if this interior photo does indeed show the Chevy Cruze's passenger compartment, then maybe it'll be worth it. TheCaranatic.com doesn't tell the source of the image, the Daewoo logo on the wheel indicates that it was probably snapped in South Korea, where the car will be produced for the European and Asian markets. As for the interior itself? Well, based on the photo it looks top-notch, blending a lot of Opel Insignia with dashes of Chevy Malibu to create a very pleasant driver's environment. This is promising.
As much as General Motors would like to sell more hybrids, we'd imagine it would be pretty tough to do so without having the batteries on hand. It turns out that since December of last year, GM has had to recall some nine-thousand battery packs produced by its supplier, Cobasys, which were due for installation in mild hybrid versions of the Chevrolet Malibu, Saturn Vue and Saturn Aura. The culprit was reportedly an internal leak in the pack which caused the entire unit to be inoperable. This setback hurts even more in the face of record gasoline prices and the resultant record sales of hybrid vehicles.
Chevrolet plans to begin production of the 2009 Malibu hybrid on June 23. Cobasys says that it has resolved the leaky battery problem and that current units are shipping without defects. Unfortunately, some damage has already been done, especially for the Saturn brand, as sales of the hybrid version of the Vue have gone down from 2,683 units by this time last year to just 326 units thus far this year to go along with just 69 retail sales of the Aura hybrid.
Local UAW contract negotiations aren't going well for General Motors, and today they took a turn for the worst as union members at the automaker's Fairfax assembly plant in Kansas walked off the job at 10AM EST. The bulk of GM's hot-selling Chevy Malibu are produced at the Fairfax plant, with a lesser number of the four-door sedan being built at the automaker's Orion plant in suburban Detroit. Last month GM sold 17,050 Malibus, a 39.5% increase in volume over April 2007. The local union in Fairfax had given GM a number of ultimatums, extending them since the first was established for April 22nd. We're not exactly sure what issue is at the heart of these contract negotiations, but The Detroit News reports that at least one bone of contention is the plant requesting seniority to snag transfer jobs, while the other issues remain undisclosed.
General Motors has been able to weather a 10-week strike by union members against American Axle, one of its main suppliers, as only production of large trucks and SUVs have been affected. Another strike at its Lansing Delta Township plant where the large Lambda CUVs are built has also only served to reduce inventories of vehicles that are seeing a slow down in sales. While the General can withstand a reduction of inventory for vehicles that currently aren't selling as well as they were before because of high gas prices and a slump in the housing market, the Malibu is gaining popularity with consumers month over month. The Fairfax and Orion plants were already producing at capacity to keep up with demand, so today's strike will assuredly hurt the automaker where it matters most: the bottom line. We'd expect GM to act quickly to end the strike, as money is being lost by the hour while Malibus aren't being built.
GM is still dancing with the UAW over contract issues, now its doing it with local plants regarding items that weren't in the national agreement. However, The General has managed to wring two more days to negotiate before workers at its Fairfax assembly plant in Kansas City, KS, walk out. The 2,600 workers of UAW Local 31 churn out 3,100 Malibus every week.
Local contracts -- as opposed to the national agreement -- concern work-rule, seniority and other non-economic issues. The UAW Local says that GM isn't following the blueprint of the national agreement and is pushing for too much. GM says it is negotiating in good faith.
And Fairfax isn't the only plant affected. Strikes and idling due to rejected contracts have taken place at GM plants in Parma, Ohio, Lansing, Michigan, and Detroit-Hamtramck. Those interruptions have halted production of the Buick Lucerne and Enclave, Cadillac CTS, Saturn Outlook, and GMC Acadia. The Hamtramck plant is calling workers back, which will get the Lucerne and CTS in production again, but now the Malibu is on the block. GM has a 37-day supply of the hot commodity, and it also has another plant that builds Malibus. If GM and UAW Local 31 can't come to an agreement, Malibu production at the Fairfax plant will cease tomorrow.
When the Chevy Malibu was launched back in the fall, we were promised a four cylinder version mated to a six-speed automatic transmission, and it's finally here. The newest Malibu will achieve 22 mpg in city driving and 32 mpg on the highway, which is a monumental improvement over the 17/26 fuel economy of the 3.6L V6. The four cylinder LTZ will not only save green-backs at the pump, but it'll also cost less at the dealership with a base price that is over $1,000 less than the V6 model. The lone downgrade of note is that the four cylinder LTZ gets 17 inch rims standard, versus 18s for the V6.
Earlier in the year, we reviewed a 2.4L Malibu with a four-speed slush box, and while it wasn't as engaging as the 3.6L model, it still had plenty of get up and go for most driving situations. With a six speed auto, driving characteristics can only improve, and the six-mpg improvement over the V6 model makes the four cylinder LTZ Malibu look like a very good option for folks that want high-end equipment without such a thirst for petrol. Hit the jump to read GM's press release.
The five week-old strike at American Axle is finally starting to wear on GM, and the General has decided to move a small but crucial parts contract over to rival supplier Dana to help get its truck plants moving again. The 30,000-unit prop shaft contract for light pickups is considered a small deal, but the fact that GM is beginning to move on shows that the strike, which began on February 26, is beginning to take its toll on the giant automaker. The move is going to anger the striking workers, but it will also likely help get American Axle management back at the bargaining table.
Recent events show that still more GM plants are being hurt by the strike, as the plant that builds the Buick Lucerne and Cadillac DTS was shut down last Friday, and Automotive News reports the Chevy Cobalt plant could idle this week. Perhaps the biggest news of all is that GM is running out of rear suspension knuckles for the hot-selling Chevy Malibu. Since the General is in the middle of a mega-million dollar ad push for the North American Car of the Year, we're guessing a work stoppage at the Orion, MI plant won't be taken lightly. This ever-lengthening strike may have started out as a non-story, but lost production on a grand scale of some of GM's most profitable products will hurt GM, American Axle, and its 3,600 workers in the long run.
The 2008 Chevy Malibu has snatched up awards and media accolades, and JD Power data shows that customers are paying Chevy dealers handsomely to own one. The average transaction price of a Chevy Malibu is $22,358 -- $5,000 higher than the inherently uncool last-gen 'Bu. Twenty-one percent of buyers are also opting for the top-of-the-line LTZ vs. only 5% for the outgoing model.
The news isn't all rosy, however, as most of these customers are trading in other GM products to get themselves into the North American Car of the Year. Only 1.4% of buyers traded in a Toyota Camry, 1.3% swapped a Nissan Altima, and less than 1% turned in a Honda Accord. Those aren't exactly the kind of numbers GM will want to brag about, but at least the General is pulling in the equivalent of two Tata Nanos more per car than the last generation model did.
The 2008 Chevy Malibu has already taken home some prestigious hardware in the form of the 2008 North American Car of the Year award, and now it seems to be winning over midsize car buyers in an important metric. The Malibu has attracted so many vehicle prospects that, according to compete.com, it has been the most shopped midsize vehicle in the U.S. three months in a row. The Bu's accomplishment is the first time a domestic automaker has ever lead this metric in the hotly contested midsize segment, dusting domestic competition like the Ford Fusion by a 5 to 1 ratio.
Over 236,000 shopped the Malibu in December alone, which is a 247% increase over October, and more than twice the shopping rate than the all new 2008 Honda Accord. The Accord is still winning the actual sales battle at dealerships, and the data shows that nearly 80% of Malibu shoppers are just browsers, as opposed to just over 50% for the Accord. Consider the fact that Chevy's midsize sedan has twice the shopping traffic of the Accord, however, and the Malibu is still attracting a truck load of engaged shoppers. The 2008 Chevy Malibu may be somewhat of an unproven horse in this sales race, but the early data shows that GM has piqued the interest of buyers.
Following hard on the heels of the highly publicised crash in the spring that saw a Swedish businessman crash a Ferrari Enzo in Malibu, California, and wind up serving a jail sentence, and a second smash in August in the US state of Utah, another Enzo has been crashed in dramatic circumstances; this time an example belonging to a Russian Member of the Duma. This report, by Nikolai Sergeev is courtesy of today’s edition of Kommersant.
Suleiman Kerimov, the Russian businessman listed by Forbes as the 72nd richest person in the world, was seriously injured on Saturday in an automobile accident in Nice, France. He lost control of his Ferrari Enzo, which struck a tree at an enormous speed and burst into flames, as he was travelling from the local airport toward the city center. Kerimov was taken by helicopter to the regional burn center at Hopital de la Conception in Marseille. He is now on artificial respiration.
The accident occurred at about 3:30 p.m. on a stretch of the Promenade des Anglais where the speed limit is 50 km/h. Kerimov himself was behind the wheel and moving significantly faster then the speed limit when the black Ferrari unexpectedly crossed the sidewalk and struck a tree. Kerimov and his passenger were pulled from the burning car by passersby, who also tried to extinguish the flames using clothing and rugs. It took fire brigades from the Nice airport to dowse the flames, however. The accident caused a two-hour traffic jam on the busy highway.
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