General Motors will cease production of its iconic Chevrolet Malibu sedan.
The move comes as the Detroit-based automaker plans to revamp the Kansas facility where it makes the Malibu so that it can produce the upcoming electric Chevrolet Bolt model there.
GM plans to end production of the Malibu in November.
GMC 2024 SIERRA EV DENALI ROLLING OUT WITH 440-MILE RANGE AND ‘CRABWALK’ FEATURE
GM has been shifting away from cars in favor of building more crossover and sport utility vehicles in recent years. The Malibu is the last remaining Chevrolet car offered in the United States besides the Corvette.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
In the six decades the Malibu has been available, more than 10 million people have bought the sedan, according to reports.
Reuters contributed to this report.