Monday 22 June 2015

GM gambles on quick car redesigns in shifting market

General Motors wants to raise its game in the car space so badly that it's thrown the kitchen sink into the next-generation Chevrolet Malibu sedan, from automatic braking to a hybrid version that will return the segment's best fuel economy.
GM executives are confident that they'll reap more than $1,000 in extra per-vehicle profit from the 2016 Malibu when it goes on sale this fall, simply by offering head-turning features and options rather than fire-sale prices. They expect the same from the redesigned Cruze, scheduled for an unveiling here this week.
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