General Motors ending Chevrolet Malibu manufacturing

General Motors will stop manufacturing of its iconic Chevrolet Malibu sedan. 

The transfer comes because the Detroit-based automaker plans to revamp the Kansas facility the place it makes the Malibu in order that it will possibly produce the upcoming electrical Chevrolet Bolt mannequin there.

A Chevrolet Malibu seen on the New York International Auto Show on the Jacob Ok. Javits Convention Center in New York. (Michael Brochstein/SOPA Images/LightRocket by way of Getty Images / Getty Images)

“To facilitate the installation of tooling and other plant modifications… GM will end production of the Chevrolet Malibu in November 2024 and pause production of the Cadillac XT4 after January 2025,” a GM spokesperson instructed FOX Business.

The firm additionally builds the Cadillac XT4 at its Fairfax Assembly Plant. The facility, positioned within the Kansas City space, will obtain roughly $390 million price of funding as a part of GM’s efforts to prepared it for constructing the brand new Bolt.

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GM has been shifting away from vehicles in favor of constructing extra crossover and sport utility automobiles in recent times. The Malibu is the last remaining Chevrolet car provided within the United States in addition to the Corvette.

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The automaker reported over 130,300 deliveries of the sedan in 2023. In the six many years the Malibu has been obtainable, greater than 10 million individuals have purchased it, in line with studies.

A Chevrolet Malibu is on show throughout North American International Auto Show at Cobo Center in Detroit, Michigan, on Jan. 15, 2018. (David Graff/Anadolu Agency/Getty Images / Getty Images)

“When production resumes in late 2025, Fairfax will produce both the Bolt EV and XT4 on the same assembly line, which gives GM flexibility to respond to changes in consumer demand,” the GM spokesperson mentioned.

Close-up of a Chevrolet emblem on the steering wheel of a car, in Lafayette, California, May 3, 2024. (Smith Collection/Gado/Getty Images)

GM first revealed it had plans to convey a brand new Bolt to market final summer time. The electrical car will function “various Ultium and Ultifi technological advancements,” the automaker mentioned on the time.

The first version of the Bolt debuted seven years in the past.

Reuters contributed to this report.