An automobile instrument panel with a flexible steering column closeout and a method for assembling the same. The instrument panel is comprised of a structural backing member with a cavity formed therethrough for receiving a steering column. A flexible backing member is disposed over the cavity and attached to the structural backing. A layer of foam is then used to cover both the structural backing and the flexible backing. The foam layer retains the flexible backing against the structural backing, while creating a more aesthetic look for the instrument panel. An opening to accommodate the steering column is cut through both the foam layer and the flexible backing in an area located over the cavity portion of the structural backing, thereby forming a flexible closeout. The flexible closeout closes the gap between the steering column and instrument panel while still allowing for unimpeded displacement of the column relative to the instrument panel.