Chevy Malibu Soldiers On For MY2024 With Minimal Changes And Tiny Price Hike

Jun. 06, 2023 5:53 PM ET by Jarryd Neves Pricing / 19 Comments

The entry-level LS model is $100 costlier than before.

Chevrolet's sole sedan option, the Malibu, will reportedly soldier on for MY2024 with minimal changes, according to GM Authority.

The Malibu retains its four trim levels (the Premium was replaced by the 2LT last year), and equipment updates are minor. As such, pricing remains pretty much the same, with the LS trim being the only model to receive a price increase. Still, consumers shouldn't be discouraged, as this entry-level grade is only $100 pricier than before, bringing the total price up to $25,100.

The RS has an MSRP of $27,095, while the plusher 1LT and 2LT will set you back $28,100 and $31,500, respectively. All prices mentioned here do not include the manufacturer's Destination Freight Charge of $1,095.

2019-2024 Chevrolet Malibu Front Angle View

As mentioned, changes are minimal and concern the LS mostly. The base variant will reportedly receive body-colored side mirror caps instead of the basic black finish, while the 16-inch spare steel wheel and emergency took kit have been made an optional extra. A tire inflator kit is standard, though.

A change that will affect the rest of the range is the discontinuation of two metallic paint colors: Riverside Blue and Dark Ash. A new shade, called Lakeshore Blue Metallic, will be added as a no-cost option, though. Expect production of the 2024 Malibu to commence on June 21, 2023 - just one day after MY2023 production comes to an end.

While some reports suggest a tenth-generation Malibu will arrive in 2025, Automotive News believes the venerable sedan will die in 2026. However, some reports claim the Malibu will survive beyond 2030, albeit under a new generation.

2019-2024 Chevrolet Malibu Rear Angle View

GM's push for electric crossovers and SUVs leaves little space for an ICE-powered budget four-door, but the Malibu is a much-loved buy in the fleet market, as it's an affordable yet spacious vehicle that's perfect for the rental sector.

Perhaps we will see a hybrid version debut alongside a fully-electric model. While Americans aren't big on sedans, Chevrolet has previewed an all-new four-door EV in China. The oddly-named FNR-XE concept is a handsome brute thanks to its Camaro influence, low roofline, and muscular stance.

The company has hinted that an Ultium-based electric sedan could make its way to the United States, with GM President Mark Reuss noting that it is "primarily for the Chinese market" and that GM will "see the desirability as we clinic [the sedan]." Could this be the Malibu replacement we've been waiting for? Let's hope so.