GM accepted more new sold orders for the Chevy Malibu than usual this month as the automaker looks to get more examples of the mid-size sedan into dealers’ hands.
The American automaker processed roughly 20,000 additional orders for the Chevy Malibu throughout May, GM Authority has learned, which should help clear the backlog that some dealers are currently experiencing. GM has been operating on just eight days’ worth of Chevy Malibu supply since March after production of the four-door was idled for the better part of the 2021 calendar year as a direct result of the ongoing global semiconductor microchip shortage. A 60-day supply is considered optimal in the U.S. auto industry.
No new units of the Chevy Malibu rolled off the assembly line between February of 2021, when GM first paused production of the vehicle, until production resumed in early November of that year. The Malibu is produced alongside the Cadillac XT4 crossover at the GM Fairfax plant in Kansas. Production of the small luxury crossover also suffered during this lengthy shutdown period, resuming approximately one week after the Malibu.
Sales of the Chevy Malibu have been relatively strong this year, despite the ongoing inventory challenges. Sales volume fell just five percent to 25,682 units in Q1, outperforming the segment average and putting it fourth in its segment with regard to sales volume on the back of a 13 percent market share. The Toyota Camry led the way in the mid-size sedan segment in Q1 of this year with sales of 61,505 units and 33 percent market share.
Under the hood, the 2022 Chevy Malibu offers two engine options. The base engine is the turbocharged 1.5L I4 LFV gasoline motor, rated at 160 horsepower and 184 pound-feet of torque. The turbocharged 2.0L I4 LTG gasoline engine, rated at 250 horsepower and 260 pound-feet of torque, is available as an optional upgrade on the well-appointed Premier trim.