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Filed under: Car Buying , Sedans/Saloons , Chevrolet , GM The 2008 Chevy Malibu has snatched up awards and media accolades, and JD Power data shows that customers are paying Chevy dealers handsomely to own one. The average transaction price of a Chevy Malibu is $22,358 -- $5,000 higher than the inherently uncool last-gen 'Bu. Twenty-one percent of buyers are also opting for the top-of-the-line LTZ vs. only 5% for the outgoing model. The news isn't all rosy, however, as most of these customers are trading in other GM products to get themselves into the North American Car of the Year. Only 1.4% of buyers traded in a Toyota Camry, 1.3% swapped a Nissan Altima, and less than 1% turned in a Honda Accord. Those aren't exactly the kind of numbers GM will want to brag about, but at least the General is pulling in the equivalent of two Tata Nanos more per car than the last generation model did. [Source: Detroit News ] Read | Permalink | Email this | Comments
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Filed under: Detroit Auto Show , Etc. , Audi , Buick , Chrysler , GM , Honda , Mercedes Benz , Volvo Road and Travel Magazine crowned the winners of its 2008 International Car Of The Year at 12th annual NAIAS-eve ceremony last night. Honda's newly-ginormous Accord took the coronation on the car side, while Chrysler's revamped Town and Country used its slick new features to win the truck category. RTM's judges are a veritable who's who of heavy-hitting auto journos, including Ann Job, David E. Davis, Jr., Denise McCluggage and Autoblog's own John McElroy . The pundit firepower lends real credence to the selections, even if you don't agree 100%. Results were sorted by JD Power and Associates, and General Motors had the most vehicles named to the overall list. GM was also presented with the first Earth Angel award, honoring the environmentally-friendly efforts of the automaker. The full list of winners is included in RTM's press release, posted after the jump. ...
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