Chevy Blazer EV Slump Drags Down GM Profits

The Chevrolet Blazer EV became the brand's worst-selling SUV model in 2025, with annual sales of 22,673 units, down 2.1% year-over-year; sales in the fourth quarter of 2025 alone plummeted by more than 70% compared to the same period a year earlier. As of May 2026, the model ranked as the eighth-worst-selling vehicle in the U.S. market. This decline has weighed on General Motors' overall financial performance: as of the end of the first quarter of 2026, the company reported a 0.9% year-over-year drop in revenue, and its gross profit margin fell from 12.49% at the beginning of 2025 to 6.10%. Additionally, starting in early 2026, the base prices of all Blazer EV trims were increased by $400.