GM to Retire the Chevrolet Malibu as Electric Vehicles Becomes Focus

📆 10/05/2024 00:43:00
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The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard.

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The midsize sedan was once the top-selling segment in the U.S., a stalwart of family garages nationwide. But its sales started to decline in the early 2000s as the SUV became more prominent and pickup truck sales grew. Last year midsize cars made up only 8% of U.S. new vehicle sales, but it was 22% as recently as 2007, according to Motorintelligence.com. Still, Americans bought 1.3 million of the cars last year in a segment dominated by the Toyota Camry and Honda Accord.

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