Citing increased inventory levels, GM has announced that production of the 2010 Chevy Malibu hybrid have been suspended.
Apparently inventory levels are high enough of the 2009 Malibu hybrid, that GM doesn’t need to produce any more at the vehicle’s current selling rate. GM’s hybrid spokesman Brian Corbett recently told AutoblogGreen that there are no plans to produce any of the mild hybrid models:
“There will be some MY2010 production. We will fulfill some MY2010 fleet orders for the Malibu Hybrid. As part of the Memorandum of Understanding between GM and Penske Automotive Group, Saturn plans to offer the Aura, Vue and Outlook models in 2010. Specific details of which versions (i.e. hybrids) has not yet been determined. ”
Full Story: Autoblog
GM STATEMENT:
Production of the 2010 Malibu Hybrid model is being suspended due to elevated inventory levels of the 2009 model.
The inventory levels of the 2009 Malibu Hybrid will provide adequate product in the marketplace. This decision will have no implication on other 2010 Malibu offerings or Chevrolet hybrids.
Please know service for 2008-2009 Malibu Hybrid vehicles will not be an issue due to an adequate supply of batteries obtained by General Motors. The hybrid system components continue to be covered by an eight-year/100,000-mile warranty and all current and future Chevrolet customers will receive the usual service maintenance on remaining Malibu Hybrids.
