CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
2 of 9
BACKNEXT
2009 Chevrolet Malibu
Price: $21,605 - $26,880
Fuel economy: 30 Hwy, 22 City
Deal: $1,000 to $2,000 of sticker price plus $1,000 rebate

"Detroit just doesn't know how to build cars Americans want to buy," is a charge that's been lobbed around a lot the past few weeks. The new Chevrolet Malibu is evidence that, while they may not have done it often enough up to now, Detroit does, in fact, know how.

It's a sign of the desperate times that incentives like these have spread to not only a car that's as good and as popular as the Malibu, but to the just-getting-going 2009 model year version.

One of the reasons discounts are so big on domestic cars right now is that many companies feel compelled to entice buyers. This is necessary because car buyers fear the companies could actually go bankrupt, seriously damaging the resale value of their cars. That risk is part of what's reflected in the extra-low prices domestic products are fetching right now.

NEXT: 2009 Ford Focus

Last updated December 26 2008: 5:34 PM ET
More Galleries
Holiday gifts for the yoga nut These 7 small brands are helping fuel a booming yoga industry. More
Best of the L.A. Auto Show Fuel economy is the name of the game in Southern California. More
Are things really getting better? Last quarter, the economy grew by the largest amount since the summer of 2007, but there are signs that things are still getting worse. More

Special Offer
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.