Inventory of the Chevy Malibu sedan remained at eight days supply in early May 2022, GM Authority has learned from sources familiar with GM’s inventory situation. More specifically, only 165 units were on the ground at U.S. dealers, and 1,069 units were transit.
Malibu inventory was also at eight days at the beginning of March 2022, with 532 individual units of the Chevy Malibu on the ground and an additional 956 units in transit. A 60-day supply is considered optimal in the U.S. auto industry.
The extremely limited inventory at the dealer level isn’t entirely unexpected, however, as Malibu production was idled for the better part of the 2021 calendar year at the GM Fairfax Assembly plant, as a direct result of the ongoing global semiconductor microchip shortage. Beginning in February of 2021, no new units of the Chevy Malibu rolled off the assembly line until production resumed in early November. The Cadillac XT4 is assembled at the same facility, and production of the small luxury crossover also suffered during the plant’s shutdown, resuming approximately one week after the Malibu. It’s also worth noting that the Malibu was among the vehicles that were hit hardest by the semiconductor supply issues, with 116,598 units cut as a result of the nine-month lull in production.
Sales of the Malibu have suffered as a result, though the midsize sedan managed to hold its own during the first quarter of 2022 despite the inventory shortage. The Malibu took fourth place in its segment with a 13 percent share, up two percentage points. Sales volume declined just five percent to 25,682 units, outperforming the segment.
Sales Numbers - Midsize Mainstream Sedans - Q1 2022 - United States
|MODEL||Q1 22 / Q1 21||Q1 22||Q1 21||Q1 22 SHARE||Q1 21 SHARE|
Since then, Malibu production has ramped back up and is currently operating at full capacity, and inventory should continue to improve as a result. Even so, production hiccups continue, with the Malibu losing two accessory grille options while also finally seeing the return of heated and ventilated seats.
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 163 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 Premier trim. At 32 mpg, the Malibu has the second-best combined fuel economy rating among GM vehicles, which may be one of the many reasons Chevy’s midsize sedan remains popular with buyers.