Inventory levels of the Chevy Malibu across the U.S. rose slightly in the beginning of February 2023, sources close to the matter tell GM Authority.
7,424 units of the Chevy Malibu were on the ground at dealerships as of early February, with an additional 1,000 examples of the midsize sedan on their way to dealers across the U.S. This gives the Malibu a 49 days supply, meaning there is sufficient Malibu inventory for 49 days at the current sales pace. As context, a 60 days supply was considered normal prior to the COVID-19 pandemic.
Chevy Malibu inventory levels have been improving as of late. Back in December 2022, the Malibu had a 32 days supply with 7,829 units on the ground and about 2,900 units in transit as of December 1st. Then, in January 2023, the Bow Tie sedan ran at a 47 days supply with 8,751 units on the ground and 3,138 units in transit.
As a reminder, the Chevy Malibu is the brand’s third best-selling nameplate in the U.S., coming in behind the Chevy Silverado and Chevy Equinox in first and second, respectively. In fact, during the 2022 calendar year, Malibu sales rose almost 200 percent to 115,467 units, which outpaced Chevy’s overall average growth rate of six percent for the year.
Sales Results - Q4 2022 - USA - Chevrolet
|MODEL||Q4 2022 / Q4 2021||Q4 2022||Q4 2021||YTD 2022 / YTD 2021||YTD 2022||YTD 2021|
|LOW CAB FORWARD||+1.19%||1,532||1,514||+1.93%||5,764||5,655|
As far as the current 2023 Chevy Malibu is concerned, the Bow Tie sedan is only offered with one drivetrain configuration. This includes the turbocharged 1.5L I4 LFV gasoline engine, rated at 163 horsepower and 184 pound-feet of torque, mated to a continuously variable automatic transmission. Previously, the Malibu lineup featured an additional engine option, the turbocharged 2.0L I4 LTG, rated at 250 horsepower and 260 pound-feet of torque, matched to the GM nine-speed automatic transmission. Unfortunately, that powertrain combination was dropped as the Premier trim level was replaced with the 2LT.