The Chrysler Valiant (CM) is an automobile that was produced in Australia by Chrysler Australia from 1978 to 1980 and subsequently by Mitsubishi Australia from 1980 to 1981. It was a facelifted and revised version of the Chrysler CL Valiant, which it replaced. It was the last Australian Chrysler Valiant.

The CM Valiant was offered in 4 door sedan and 5 door station wagon body styles in the following models:

Regal models were marketed as Chrysler Regals, without the Valiant name.

A GLX pack, option code A16, was offered on the CM Valiant sedan. It featured the 265 cubic inch (4.3 litre) engine, the four speed manual transmission, or 3 speed auto or the 318 v8 engine with an auto, “Hot Wire” cast alloy wheels, a tachometer, front grille paint treatment, tinted side glass, roof console with map light, rear seat armrest, floor console, body stripes and other embellishments.

The CM models featured a new grille, revised tail lights plus new mouldings and badges. All body panels were carried over from the previous model. The six cylinder engines were now fitted with Chrysler’s “Electronic Lean Burn System” which resulted in easier starting, better responsiveness, smoother running and improved fuel economy.

Utility, Panel Van and Charger coupe models were not carried over from the CL Valiant range.

Three engines were offered:

The 318 cu in (5.2 L) V8 engine option was discontinued around August–September 1980.