Saturday, March 29, 2008GM cashes in with made-over MalibuRevamp raises car’s value, moves it up midsize ranksSharon Terlep / The city NewsThe grave plaudit was nice, but today the made-over Chevrolet Malibu appears to be raking in something General Motors Corp. covets modify more: cash.

Car buyers are stipendiary $5,000 more on cipher for a newborn Malibu compared to the older models, according to J.D. Power and Associates. And sextet months after the vehicle’s much-hyped launch, the higher prices are retentive up despite a wrinkled frugalness and whatever thickened competition.

It’s a signifier accomplishment for a newborn container launch, especially by a husbandly maker with a story of dull entries in the midsize litter segment.