News Summary: Chevy quickly revamps Malibu

News Summary: General Motors Chevrolet brand quickly revamps slow-selling Malibu

Associated Press

THE MAKEOVER: Even though the new Chevrolet Malibu has been on sale for just a year, General Motors is giving it a makeover. The new version will come out in the fall as a 2014 model.

THE REASON: Sales are down 12 percent so far this year, but the Malibu's main competitors, the Ford Fusion and Honda Accord, are up more than 25 percent.

WHAT WAS DONE: The Malibu got a new engine that helped add one mile per gallon to the gas mileage. It also got more back-seat legroom, a simpler interior, and a new hood and front grille.

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