Latest News for: Malibu sale

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General Motors to stop producing Chevy Malibu; focus on more EVs

WPXI 10 May 2024
The Malibu had been one of the most popular sedans in the U.S., but sales declined in the early 2000s when drivers opted for SUVs and pickup trucks ... The Malibu was redesigned for the 2016 model year ...
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So long, Malibu: Chevrolet’s last sedan is getting the axe

Driving 09 May 2024
More recently, the Malibu seemed to be mostly about commercial fleet sales, and in 2023, only 5,238 were sold in Canada. It’s not just the Malibu, though — sedan sales have been steadily falling as sport-utes and crossovers pick up the slack.
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So long, Malibu: Chevrolet's last sedan is getting the axe

Toronto Sun 09 May 2024
More recently, the Malibu seemed to be mostly about commercial fleet sales, and in 2023, only 5,238 were sold in Canada. It’s not just the Malibu, though — sedan sales have been steadily falling as sport-utes and crossovers pick up the slack.
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GM ends Chevy Malibu production to focus on electric vehicles

Penn Live 09 May 2024
DETROIT (AP) — The Chevrolet Malibu, the last midsize car made by a Detroit automaker, is heading for the junkyard ... Its sales started to decline in the early 2000s as the SUV became more prominent and pickup truck sales grew.
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The Chevy Malibu, the company’s last sedan, will end production

CNN 09 May 2024
The Chevrolet Malibu, the last sedan still sold by General Motors’ biggest selling brand, will end production this year, the company announced. Malibu production will end in November as the factory ...
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With production of the Chevy Malibu ending, long era ends for ol' Detroit sedans

Pittsburgh Tribune Review 09 May 2024
The decision to end the Malibu after more than 10 million units in global sales doesn’t come as a surprise because domestic automakers started paring them from their lineups starting in the mid-2010s to focus on more profitable SUVs.
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Even Being One of Chevy's Best-Selling Models Couldn't Save the Malibu

Yahoo Daily News 09 May 2024
Chevy Malibu sales increased in the last year, yet GM is killing the sedan anyway ....
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GM to stop making iconic Chevy Malibu after 60 years as it shifts to EVs

New York Post 08 May 2024
GM will end production of its Malibu in November ... A 2016 Chevy Malibu, above ... Sales of the Malibu were down 12.5% in the first quarter ... Sales of the Malibu were down 12.5% in the first three months of the year but up 13% to 130,000 in 2023.
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GM to end production of Chevy Malibu as it shifts to EVs

Detroit Free Press 08 May 2024
The Malibu is the last remaining Chevrolet car offered in the United States besides the Corvette ... Sales of the Malibu were down 12.5% in the first three months of the year but up 13% to 130,000 in 2023.
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GM to end production of the Chevy Malibu this fall, will prep Fairfax for Bolt production

The Spokesman-Review 08 May 2024
“To facilitate the installation of tooling and other plant modifications, after nine-generations and over 10 million global sales, GM will end production of the Chevrolet Malibu in November 2024 ...
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GM ending production of Chevy Malibu, switching production to EV Bolt

LA Daily News 08 May 2024
“To facilitate the installation of tooling and other plant modifications, after nine-generations and over 10 million global sales, GM will end production of the Chevrolet Malibu in November 2024 ...
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Tens of millions of household savings and retirement nest eggs in jeopardy: Investment expert warns...

The Daily Mail 07 May 2024
🚨WARNING ... 'WARNING ... Army ... Pictured, foreclosed properties for sale on June 15, 2009, during the Great Recession ... He added ... 'It’s unaffordable for people to own a home today,' he told Fox News, before putting his homes in Malibu and Miami for sale ... .
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Customers out thousands of dollars as Tommy’s Boats lands in receivership

Grand Rapids Business Journal 02 May 2024
The couple paid $1,000 down at the show, where the Tommy’s sales rep told them they had a week to think about it before paying an additional $7,000 deposit to secure their place in line with the manufacturer.
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Grant Cardone wants $65M for Malibu mansion on Billionaire’s Beach — with Bitcoin accepted

New York Post 01 May 2024
Beyond this Malibu spread, Cardone has also put his Miami home up for sale — this one on the open sales market — for $42 million at 605 Ocean Boulevard ... The six-bedroom Malibu manse, at ...
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Tommy’s Boats lands in receivership as legal battles add up

Grand Rapids Business Journal 01 May 2024
Tommy’s Boats is in separate litigation with Malibu after alleging in a lawsuit filed April 10 that the manufacturer engaged in an inventory oversupply fraud scheme that left Tommy’s unable to generate enough sales revenue to pay its debts.
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