It seems like GM has a huge hit on their hands with the new Chevrolet Malibu but the company has exceeded the sales expectations in the first few months of sales by 2,500 cars. According to Bob Lutz, the modest GM had originally projected to sell about 500 units in the Malibu’s initial month. Lutz now tells Reuters that GM is on track to sell about 3,000 units of the new Toyota Camry and Honda Accord competitor in November.
“Dealers do not have the car because they’re selling as fast as they get them,” Lutz told Reuters.
The Malibu seems to be following the steps of the Cadillac CTS which was recently named Car of the Year by Motor Trend. Lutz said the new 2008 Cadillac CTS is bringing in “a lot of import trades” at dealerships.
Together, Lutz said the two cars seem to give GM the reputation it once enjoyed in “the 1950s and 1960s” for making “the best looking cars, the best riding cars and the most desirable cars.”
Lutz also said that sales of Buick Enclave and the Saturn Outlook also exceeded GM’s expectations.
2008 Chevrolet Malibu Gallery:
Source: Reuters (via AutoBlog)
[tags]Cars, Car, Auto, Automobile, Vehicles, Technology, Auto News, News, Automotive, Chevrolet, GM[/tags]