https://www.fox5dc.com/news/tourism-dc-hits-historic-highs-driving-economic-recovery

WASHINGTON - Tourism in Washington, D.C. has made a remarkable recovery post-pandemic, significantly boosting the local economy.

The tourism board is set to announce on Wednesday that 2023 saw historic visitor numbers.

This recovery is crucial for the District's finances.



In 2022, tourism generated $1.6 billion in tax revenue. Wednesday's announcement will reveal the 2023 figures, which are expected to surpass previous records.

In 2022, 22 million visitors spent a total of $8.1 billion in the District.

Mayor Muriel Bowser emphasized the importance of tourism to the city's economy Tuesday.

"It’s critical to our bottom line: I can’t speak to the numbers that will be announced tomorrow, but we know how many workers are employed, how many visitors fill our restaurants and hotel rooms that really allow for us to make the kinds of investments across the city that make us a world-class city," Bowser told FOX 5.

https://www.cnn.com/2024/05/09/business/chevrolet-killing-off-chevy-malibu-sedan/index.html



The Chevrolet Malibu, the last sedan still sold by General Motors’ biggest selling brand, will end production this year, the company announced.

Malibu production will end in November as the factory that builds it, the Fairfax Assembly Plant in Kansas City, Kansas, is reconfigured to build a new generation of the Chevrolet Bolt EV.

With the Malibu’s demise, General Motors’ mainstream Chevrolet brand will sell only trucks, SUVs, and the Corvette, a two-seat sports car, in the United States.

Chevy’s close competitor, Ford, made a similar move years ago when it stopped selling the Taurus and Fusion sedans, leaving the two-door Mustang as the only traditional car in its line-up. Chevrolet stopped making its Mustang competitor, the Camaro, last year.



Traditional cars – vehicles that are not SUVs, trucks or vans – make up less than 20% of US auto sales, according to Cox Automotive. The last generation of the Malibu was first introduced in 2016, making it much older than competitors such as the relatively popular Honda Accord and Toyota Camry. A new version of the Camry, now available only as a hybrid, just went into production. Still, GM sold more than 130,000 Malibus last year, a 13% increase from the year before.

The Malibu was introduced back in the 1960s as a more luxurious version of the Chevrolet Chevelle, called the Chevelle Malibu. By the 1970s, it had become its own distinct model. The Malibu model line ended production in 1983 but was brought back again in 1997, and has been in production since then.