The aging Chevrolet Impala is finally getting a major overhaul for the 2014 model year, and General Motors has just shoveled $69 million into its Detroit-Hamtramck plant to support production of the next-generation sedan. According to Automotive News, GM will work on repositioning the Impala within Chevrolet’s lineup. Currently, the automaker feels that there is too much price overlap between the Impala and smaller Malibu.

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Automotive News reports that the 2014 Impala will be built on the longer version of GM’s Epsilon platform, destined for use under the new Cadillac XTS flagship. The new, larger Impala will offer more standard equipment than the smaller Malibu, and the two cars will be positioned similar to how the Taurus and Fusion are within Ford’s lineup.

In an effort to keep the Impala fresh until its overhaul, GM has fitted the car with the 3.6-liter direct-injected V6 found elsewhere in the automaker’s portfolio, mated to a six-speed automatic transmission. The first sales of the 2014 Impala are expected to begin in the first quarter of 2013.
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