GM to end production of Chevy Malibu as it shifts to EVs [Reuters]
General Motors Company (GM)
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Source: Reuters
May 8 (Reuters) - General Motors said Wednesday it will end production of its gasoline-powered Chevrolet Malibu car later this year in order to produce new electric vehicles. GM has sold more than 10 million Malibus since 1964 worldwide and will end production in November. The Detroit automaker is investing $390 million at its Kansas assembly plant to build next-generation Chevrolet Bolt EVs. GM has been shifting away from cars in favor of building more crossover and sport utility vehicles in recent years. Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up Reporting by David Shepardson; editing by Jonathan Oatis Our Standards:
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