General Motors said on Wednesday that it would stop making the Chevrolet Malibu, the last affordable sedan in its U.S. model lineup and a venerable nameplate that was introduced in the 1960s when the company was a dominant force in the U.S. economy.

For years, American drivers have been gravitating toward sport utility vehicles and away from sedans, compacts and hatchbacks. G.M.’s two Detroit rivals, Stellantis and Ford Motor, have also largely wiped their slates clean of cars in the United States. Foreign automakers such as Toyota, Honda and Hyundai still sell hundreds of thousands of sedans and compacts each year, but far fewer than in previous decades when the Toyota Camry and Honda Accord ranked among the most popular vehicles on American roads. Last month, Subaru, a Japanese automaker, said it would stop making its Legacy sedan next year. G.M. produces the Malibu at a plant in Kansas City, Kan.,

and will continue to manufacture the car until later this year, when it plans to retool the factory to make a new version of the Chevrolet Bolt, an electric car, and the Cadillac XT4, a luxury S.U.V.