General Motors has cancelled the 2010 model year of the Chevrolet Malibu Hybrid (and of course, the Saturn Aura Hybrid), due to slow sales and high inventory levels. A GM spokesman told the Wall Street Journal that GM has “sufficient stock of 2009s” and starting up production again is “possible, but not likely.”
The spokesman said that GM will continue to produce hybrid versions of the Malibu for fleet buyers.
A separate report says that the next-generation of its gas-electric mild hybrid system will be more efficient tan the one it is canceling in the Malibu.
Spokesman Terry Rhadigan said that the new system will debut with new models in the summer of 2010. He did not specify which vehicles will get the new hybrid system.
– By: Mo Eladawy