GM to end production of the Chevrolet Malibu after 60 years to make more EVs

[JACK AYLMER]

THEY’VE BEEN ON THE ROAD FOR THE LAST SIX DECADES AND DRIVEN BY OVER 10 MILLION PEOPLE.

BUT NOW, THE RIDE IS FINALLY OVER for one classic model. ANY GUESS WHICH CAR THIS IS?

[CHEVY AD]

We removed all the badging and all the logos so you won’t know what brand it is.

It’s a Chevy Malibu!

[JACK AYLMER]

GENERAL MOTORS HAS ANNOUNCED THEY WILL CEASE PRODUCTION OF THE CHEVROLET MALIBU.

INSTEAD, GM WILL BE REDIRECTING ITS EFFORTS TOWARDS EVS.

OUTSIDE OF THE CORVETTE, THE MALIBU WAS THE LAST REMAINING TRADITIONAL VEHICLE FROM CHEVY AVAILABLE IN THE U.S.

THIS SEDAN WAS PURCHASED OVER 130 THOUSAND TIMES LAST YEAR, A 10 PERCENT DROP OFF FROM 2022. 

AMID THE DECLINING SALES, GM WILL OFFICIALLY RETIRE THE MALIBU IN NOVEMBER. 

SAYING THE MOVE IS NECESSARY TO MAKE PLANT MODIFICATIONS SO THE COMPANY CAN PRODUCE A HIGHER VOLUME OF EVS IN THE FUTURE.

IT’S PART OF AN ALMOST 400 MILLION DOLLAR EFFORT BY THE AUTOMAKER TO MAKE THE NECESSARY UPGRADES FOR BUILDING MORE ELECTRIC VEHICLES.

THIS WILL ALLOW GM TO BEGIN PRODUCTION ON A NEW VERSION OF THE CHEVROLET BOLT, a SMALL ELECTRIC CAR.

EXPECTED FOR RELEASE IN 2025.

FOR MORE UPDATES ON E-VS AND THEIR IMPACT ON THE AUTOMOTIVE INDUSTRY BE SURE TO DOWNLOAD THE STRAIGHT ARROW NEWS MOBILE APP.

ONCE YOU DO – SIGN UP FOR ALERTS FOR STORIES FROM ME JACK AYLMER. 

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