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Report: Chevy’s 5-Year Plan Includes New Sedan and Gas Models

A Chevy Malibu sedan

General Motors was one of the more aggressive American automakers when it came to electrification plans, but it has spent the past year or so walking back some of its most forward-looking ambitions. Industry publication Automotive News recently reported on Chevrolet’s role in that shift, noting that the company plans a new gas-powered sedan and significant model-line updates in the coming years.

Chevy reportedly plans to reveal a new sporty sedan around 2028 that will share a platform with an expected new model from Buick and next-gen Cadillac CT5. Automotive News’ sources suggested that the sedan could “revive the Camaro name,” though it’s not a guarantee.

Report: Chevy’s 5-Year Plan Includes New Sedan and Gas Models

The departure of the previous-generation Camaro and Malibu sedan left Chevy with a truck- and SUV-heavy lineup. Analysts told the publication that a fresh sedan model could be a big benefit for Chevrolet, even without blazing sales numbers. 

GM and Chevy aren’t abandoning EVs, but the death of the $7,500 federal electric vehicle (EV) tax credit clearly had an impact. The new Chevy Bolt is on sale now, and the Blazer EV and Equinox EV could receive mid-cycle refreshes by 2028. Chevy also still builds the Silverado EV, which is mirrored in GMC’s lineup with the Sierra EV.

That range of electric models helped GM slide into the second spot on the U.S. EV sales rankings, behind only Tesla. Despite that, the vehicles may not be resonating with buyers as the automaker expected.

Sam Fiorani, VP of global vehicle forecasting at AutoForecast Solutions, told Automotive News that, “They’re very well-developed, very good products. They’re just not finding the market they need. So Chevrolet, like the other brands, is looking to lean back on existing products with face-lifts and new engines and updated powertrains to keep them going through the rest of this decade.”