March 29, 2024

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Chevrolet Malibu sedan living on borrowed time | Car News

The coronavirus is on its way to claiming another sufferer in the automotive planet: the Chevrolet Malibu. In this case, it’s a lot more specific to say that though it will never be immediately responsible for its demise, but it could very well precipitate it.

Like every single other business, GM is hunting for novel ways to save cash. And when the axe will come out, the initially victims are the versions that are the the very least prosperous.As you may have guessed, the Malibu is a person of them.

Not very long back, Chevrolet experienced made a decision it needed to update the design about 2023, and retire it after the 2025 design-yr. Now it appears that the axe will drop in 2022-2023 that its disappearance will take position.

Chevrolet is accelerating the cancellation of the Malibu in get to mitigate the economic devastation brought on by the ongoing coronavirus pandemic, according to a recent report. And so another sedan will bite the dust.

Ending creation previously than planned will let GM to aim on a lot more-profitable and -preferred cars, particularly in the SUV and pickup truck formats. It will also be ready to allocate a lot more cash to the enhancement of the new generation of electric powered cars that is on the way.

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2019 Chevrolet Malibu, front

2019 Chevrolet Malibu, entrance

Chevrolet has not commented on the report, but usually sources cited by the GM Authority web-site have established reliable.

Product sales of the Malibu dropped to 131,917 models in 2019, down eight.7{0764260a27b4b31ca71a8adf79c3ae299a61e6f062052eee3f0df84ce9b30ade} from 2018. For some context, the design finished the yr about 35,000 models in advance of the Ford Fusion (which is also about to retire), but easily in advance of the Kia Optima. Meanwhile, even the segment’s guns suffered setbacks: the Honda Accord noticed its profits fall by eight{0764260a27b4b31ca71a8adf79c3ae299a61e6f062052eee3f0df84ce9b30ade}, which is about equivalent to the phase regular, though the Toyota Camry fared relatively very well, struggling a decline of almost 2{0764260a27b4b31ca71a8adf79c3ae299a61e6f062052eee3f0df84ce9b30ade}.

Given this actuality, it would be surprising to see Chevrolet come out with a 10th-generation Malibu. As a rule, when a merchandise is in the performs, we listen to about it. Right now, there is radio silence regarding the Malibu, and that does not bode very well.

2019 Chevrolet Malibu, profile

2019 Chevrolet Malibu, profile