The Car and Truck Fleet and Leasing Management Magazine

GM to Decrease Malibu Volume to Rental Fleets

October 19, 2007

According to General Motors, rental car agencies will receive half the number of the 2008 Chevy Malibu sedans than they normally acquire with previous models, The Detroit News reports. Currently, 40 percent of the Malibu is sold to rental companies. However, GM only intends to put out 20 percent of the production output to rental agencies. In recent years, the Detroit Three have been trying to cut ties from rental-car companies because they believe that rental fleets drive down the value of vehicles by oversupplying the market, The Detroit News reported. Production for the 2008 Chevy Malibu began on Oct. 15. The vehicle’s first showcase is scheduled for Nov. 1.
Twitter Facebook Google+


Please note that comments may be moderated. 
Leave this field empty:

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

A specialized form of leasing wherein some or all fleet costs are estimated in advance, then budgeted and billed by the fleet management company with periodic invoices (usually monthly).

Read more

Up Next

More From The World's Largest Fleet Publisher