How much will the Chevrolet Malibu sell for when it is launched in PH?

Early this month, we reported here that the Chevrolet Malibu midsize sedan could soon be launched by The Covenant Car Company Inc., the American brand\'s distributor in the Philippines. Well--guess what--we were right.

According to Lyn Buena, TCCCI senior vice president for marketing and customer services, \"we intend to officially launch the Malibu within the year. We will share with you some more information as soon as possible.\"

Buena did share the most vital bit of information about the soon-to-arrive Malibu: \"I would like to inform you that the Chevrolet Malibu 2.4 LTZ AT has an SRP of P1,498,888.\"

So there. All that remains to be seen is the list of specifications and features. What do you think of the price?