For about a year now it has been rumored that the Cobalt would receive a MCE in 2008 to keep it up with the competition. We have now heard that the MCE has been canceled. Instead, an all-new Cobalt is set to arrive in the 2010 model-year. This car will have been developed world-wide, and will be sold world-wide. Aside from offering regular sedan/coupe models, GM will also have a high-styled coupe that is unique to the Cobalt line. This car will be used as competition against the Scion tC and Civic Coupe.
Too bad, if they had given it better seats and a telescoping steering wheel I would have traded my 2006 for a brand new one. They gave me no reason at all to buy new-the 2008 has nada improvements. Not a good move IMHO.