Last Thursday rumors began circulating that GM was gearing up to begin leasing select models again thanks to their new restructuing plan.

Well, today the official announcement has been that GM will in fact start leasing Buick, GMC, Chevrolet and Cadillac vehicles thanks to a new financing deal with US Bank. The leasing program is currently only in a testing phase and will run through August 31st in Connecticut, New Jersey, New York, Michigan and Ohio.

The models that will be made available for lease are the Chevrolet’s Malibu, Traverse and Equinox, Cadillac’s CTS and SRX, Buick’s Enclave and GMC’s Acadia.

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GM has recently released word that they will suspend production of their 2010 Chevy Malibu Hybrid. This doesn’t necessarily mean that they will stop making the car indefinitly but it just means that there are enough 2009 Malibu Hybrids to go around.

GM’s Brian Corbett added that while this car’s production will be temporarily suspended that doesn’t imply anything about the future of Chevrolet hybrid cars. Furthermore Corbett also says that GM will debut a next-gen mild hybrid system sometime in 2011. This new hybrid system will have smaller batteries, increased fuel economy and the ability to propell vehicles using nothing more then electricity.

I don’t know about you guys but it seems like GM has a lot of catching up to do especially when compared to automakers such as Toyota who are already very established in the hybrid market.

Read (KickingTires)

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Gauging by the looks and the features that the Kia Magentis has in its class, you can generally say that it is a car worth considering to have. It has a four-cylinder which produces 175-horsepower and 169 lb.-ft. of torque at 4,000 rpm, providing a lot of power to a car that promises to give its class competitors a run for their money.

Magentis is not as advanced as its nearest competitors as far as power is concerned but. But it’s just as capable as any of them in terms of highway passing, and it never feels like its struggling with a car full of passengers.

The Magentis actually gives off a surprisingly sporty feel when you’re sitting behind the wheel. Its steering feels tighter than that of a lot of competitors and besides some expected body roll around corners, it’s more fun than Camry and Malibu.

Price: $25,995.00

(Source) Autonet

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While all major automobile retailers saw big losses in December of 2008 when compared to 2007, GM saw the smallest loss of any of the Big Three American due largely to the success of the Chevrolet Malibu and the Buick Enclave. The Chevy Malibu is a moderately-priced mid-sized sedan with clean lines and a decent EPA fuel efficiency rating of 22 MPG in city and 30 MPG on the highway. The Buick Enclave is a larger, more upscale crossover vehicle that is bigger than a station wagon but smaller than an SUV and comes in with a mileage rating of 16 MPG in the city and 20 MPG on the highway.

The Chevy Malibu retails for between $19,000 and $22,500 depending on the trim package, while the Enclave goes for between $32,800 and $37,000. Even with the Big Three suffering under the weight of a worldwide credit crunch, some American buyers are remaining loyal to their favorite American brands.

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