KARL Chevrolet HUMMER

The Malibu’s debut at dealerships this November is coming up quick, so Chevrolet formally announced pricing for the entire lineup, including the hybrid.

You can read the full press release after the jump, but the quick and dirty version begins with the base LS model that comes in at $19,345, a full $2k more than the previous model. The 1LT package is $20,305, while the 2LT is priced at $21,985 and the top-of-the-line LTZ model gets a sticker of $26,345. The hybrid comes in $4-grand cheaper than the LTZ at $22,140, which also undercuts its nearest competitor, the Camry Hybrid by about $3,000. Read more »

Motor Trend is reporting that Chevrolet’s 650+ horsepower Corvette developed under the name “Blue Devil” will make it’s debut in January at the Detroit auto show as the Corvette ZR1. They also report the production version is set to hit the showroom as a 2009 model. GM has been developing this car for several years, using a supercharged version of the new 6.2-liter small block V-8 used in the 2008 Corvette. GM also considered such names as Z07 and Super Sport (SS) for the ultra-low-volume car. Price will be much higher than the 505-horsepower Z06, and Chevy will continue production of that car when the ZR1 launches.

Chevy first used the ZR1 moniker for a reported eight cars built in the 1971 model year with a 370-horsepower, 350-cubic-inch (5.7-liter) small block V-8. The option cost $1,010, while a 425-horse 454 was $1,221. The ‘71 ZR1 came with no special bodywork or badging. Chevy revived the name in 1990 for a 32-valve Lotus-designed, Mercury Marine-built 375-horsepower quad-cam V-8. That car had a wider tail to accommodate P315/35ZR17 Goodyears on 11-inch wide wheels and was built through the ‘95 model year. Badges included a hyphen, as in ZR-1, which doesn’t fit GM RPO nomenclature.

GM has never confirmed nor denied rumors that “ZR” stands for “Zora’s Racer.”