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Home Consumer Cyclical Auto Manufacturers

General Motors Resumes Sales of Electric Chevrolet Blazer with Price Cuts

byLiliana Vida
March 8, 2024
in Auto Manufacturers, Large-Cap
Reading Time: 2 mins read
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General Motors announced on Friday the resumption of sales for its electric Chevrolet Blazer

General Motors (GM) announced on Friday the resumption of sales for its electric Chevrolet Blazer following a hiatus prompted by software glitches in December.

The issues, revolving around the functionality of its touch-screen interface and fast-charging capabilities, were addressed through a software update, the company confirmed.

GM is implementing price reductions of approximately $6,000 on various Blazer EV models. Coupled with the government’s $7,500 tax credit, this adjustment brings the final cost of each Blazer model below $50,000. Details regarding the pricing of the standard trim Blazer LT FWD will be disclosed later, but GM assured it would start at under $50,000.

Chevrolet Vice President Scott Bell expressed enthusiasm about reintroducing the Chevrolet Blazer EV with enhanced features, functionality, and a compelling price point, qualifying for the full consumer tax credit.

Leveraging insights from the Blazer’s challenges, GM is implementing enhanced production standards across its entire EV lineup. The company’s proactive measures have already resulted in a brief stop-sale on midsize trucks in February, demonstrating its commitment to quality assurance.

As GM adapts to evolving market dynamics, it has adjusted its expectations for EV production while prioritizing consumer demand. Despite a temporary slowdown in EV sales, the company remains agile, with plans to monitor and adjust production levels accordingly. CEO Mary Barra emphasized GM’s commitment to meeting demand and navigating uncertainties in the EV landscape.

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