What is the history of the Chevrolet Prizm?
The Geo/Chevrolet Prizm (Chevrolet Prizm starting 1998) was a United States-market entry-level compact car from model years 1989 through 2002. Like the 1985-1988 Chevrolet Nova it replaced, the Prizm was a rebadged version of the Toyota Sprinter, an upmarket version of the Toyota Corolla sold in Japan. All Prizms were built at NUMMI (New United Motor Manufacturing, Inc), a joint venture plant between Toyota and General Motors in Fremont, California.
The Prizm's 1998 redesign coincided with the conversion of all Geos into Chevrolets. The most notable change was the new 1.8-liter engine, which was now all-aluminum, driven by a timing chain, and featured more power (yet the same fuel economy) than the engines from the Geo years. Along with the Corolla, the Prizm also became the first car in the compact class to offer optional side airbags. 1998 Prizms without the LSi's optional "Handling Package" (containing a front stabilizer bar) were singled out by Consumer Reports for having sloppy emergency handling; Toyota addressed the problem for 1999 by making the Handling Package standard. For 2000, the engine gained variable valve timing for 5 extra horsepower (to 125). The last Prizms were built in December 2001, resulting in a brief 2002 model year. The Prizm was effectively replaced by the Pontiac Vibe, a twin of the Corolla-based Toyota Matrix hatchback.