GM to stop making iconic Chevy Malibu after 60 years

General Motors announced plans to discontinue production of the gasoline-powered Chevrolet Malibu later this year, aiming to focus on manufacturing new electric vehicles.

Since 1964, GM has sold over 10 million Malibus worldwide, with production set to end in November.

The company will invest $390 million in its Kansas assembly plant to produce the next-generation Chevrolet Bolt EVs, following the halt of production for the prior generation Bolt in December.

GM’s recent strategy involves a shift towards producing more crossover and sport utility vehicles, with the Malibu being the last Chevrolet car offered in the United States alongside the Corvette.

Production of the Chevrolet Camaro ceased late last year, the New York Post reported.

read more: https://nypost.com/2024/05/08/business/gm-to-stop-making-chevy-malibu-after-60-years-as-it-shifts-to-evs/

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