GM Aims New Malibu at Retaking U.S. Sales as Chevy Goes Global

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General Motors Co. redesigned its Chevrolet Malibu with better fuel economy and sportier looks as the automaker seeks to regain sales in the U.S. and improve the Chevy brand’s global reputation.

The new model, which will be revealed on a global webcast and at the Shanghai auto show today, will feature styling cues from the Camaro sports car and should exceed 30 mpg in highway fuel economy when it goes on sale in January 2012, said Mark Moussa, GM’s chief engineer for mid-sized and full-sized cars.