Strong Chevy Malibu, Toyota Camry Sales Show Sedans Aren’t Dead

Strong Chevy Malibu, Toyota Camry Sales Show Sedans Aren’t Dead

Strong Chevy Malibu, Toyota Camry Sales Show Sedans Aren’t Dead

Despite the growing popularity of SUVs and trucks, sedan sales have actually been on the rise. In the first half of the year, over 500,000 new sedans were purchased, with some models experiencing significant increases in sales.

Although the Toyota Camry and Honda Accord continue to dominate the segment, the Chevrolet Malibu has caught attention with its impressive sales numbers. Despite rumors of its discontinuation, the Malibu recorded 40,731 sales in the second quarter of 2023, marking a 25.4% increase compared to the same period last year. Year-to-date sales for the Malibu have also increased by 34.4% from the previous year, making it the third best-selling vehicle in Chevrolet’s lineup.

2024 Chevrolet Malibu
2024 Chevrolet Malibu

While overall sedan sales were impacted by the supply-chain crisis of 2022, the surge in Malibu sales cannot be solely attributed to this. In fact, while Malibu sales are thriving, sales for the Equinox, another Chevrolet model, have dropped by almost 10%. It’s worth noting that the current-generation Malibu is already eight years old, with its last refresh occurring in 2019.

With other manufacturers like Ford and Buick discontinuing their sedan models, rumors of the Malibu’s demise seemed plausible. However, recent sales figures have led to speculation that a new model could arrive in 2025. When contacted, Chevrolet attributed the recent success of the Malibu to improved availability of parts and pent-up demand. However, the company declined to comment on the future of sedans in its lineup, considering the Malibu’s outselling of popular Chevrolet SUVs like the Tahoe, Traverse, Colorado, and Blazer.