Here’s the ‘all-new’ Chevrolet Malibu for 2013, and the most important thing about it is that ‘all-new’ word. In fact it only shares its name with the old model, the rest of it is new.

The new Malibu with its global design is ought to be a sporty mid-size sedan, a level higher than the hot selling Cruze, offering a more premium feel inside and out. Highlights of the exterior include dual-port grille, projector HID headlamps, larger Chevrolet bow-tie badges front and rear, and new Camaro-inspired LED dual-element taillamps. The look is complemented by a range of large 17-, 18- and 19-inch wheels. It is a nice design overall, specially if you compare it to the previous models.

It comes in LS, LT and LTZ trim levels, with 10 exterior colors and four interior color combination choices (US market) when it goes on sale in late 2012.

The car also has great aerodynamic characteristics inherited from Chevy Volt. It even has electronically controlled and integrated active aero shutters (select models in North American markets) to improve aerodynamics and enhance fuel economy without sacrificing the exterior design.

The new, bigger interior features a dual cockpit design, whatever that is. The Malibu interior features metallic, chrome or wood accents located around the shifter, surrounding the center stack, around the instrument cluster and on doors and the steering wheel. Soft, ice blue ambient lighting reflects off of and complements chrome accents and ensures even, consistent illumination along the instrument panel and in storage pockets.

You should have no worries about practicality either because it’s taken care of with large storage areas and six cubbyholes inside the cabin. A first for the Malibu is the latest infotainment options, including new color radio systems and an available navigation system.

Powertrains options for the 2013 Mallibu includes an all-new Ecotec 2.5L dual overhead cam, four-cylinder engine with direct injection developing 190 horsepower (141 kW) and 180 lb.-ft. of torque (245 Nm), mated to a Hydra-Matic 6T40 six-speed automatic transmission. The car is also said to have European-like ride and handling thanks to its refined MacPherson strut front and multi-link rear suspensions, ventilated front disc and solid rear disc brakes, clamped on by dual-piston front and single-piston rear aluminum calipers, and electronic aids such as four-channel anti-lock brakes, full-function traction control, four-corner electronic stability control, electronic brake force distribution, brake assist system, corner brake control, hydraulic brake fade assist and drag torque control.

Pricing and specifications for each market will be announced closer to launch. 2013 Chevrolet Malibu will be sold in nearly 100 markets around the world.