Latest news with #BlazerEVs
Yahoo
10-07-2025
- Automotive
- Yahoo
General Motors Recalls 42,000+ Blazer EVs for Parking Brake Wiring Issue Amidst Strong Sales Growth
General Motors Company (NYSE:GM) is one of the most undervalued NYSE stocks to buy now. In the first week of July, General Motors initiated a recall for over 42,000 Blazer EV vehicles from the 2024-2025 model years due to a potential issue with the rear parking brake wiring harness. This harness may become damaged or corroded, which could lead to the unintended activation of the parking brake or a complete loss of its function. The recall specifically impacts Blazer EVs built before January 31 this year, when an updated wiring harness was introduced. A group of technicians in a garage, inspecting car parts and ensuring safety compliance. Owner notification letters are expected to be mailed starting on August 11 this year. The Blazer EV is one of GM's best-selling electric vehicles, with sales of 6,187 units in Q1, representing a 931% year-over-year increase. General Motors Company (NYSE:GM) designs, builds, and sells trucks, crossovers, cars, and automobile parts worldwide. While we acknowledge the potential of GM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
09-07-2025
- Automotive
- Yahoo
Honda Is Selling More of GM's Electric SUVs Than General Motors
While it's not something either company talks a lot about publicly, the Honda Prologue and Acura ZDX are essentially midsize GM electric SUVs in elaborate trench coats. Underneath their badge-engineered elements, they're fundamentally the same vehicle as the Chevy Blazer EV and Cadillac Lyriq. But despite arriving later and being sold through a smaller network of dealers, Honda's versions are somehow still selling better than the cars they're based on. The Q2 numbers tell the whole story. Honda's dealers have managed to sell more than 16,000 Prologues so far this year. Meanwhile, Chevy has sold fewer than 13,000 Blazer EVs. Bear in mind, Chevrolet has close to 3,000 dealerships in the United States; Honda doesn't even top 1,100. That means, on average, each Chevy dealership has moved fewer than 4.5 Blazer EVs in 2025; meanwhile, each Honda dealership is averaging more than 15 Prologues. On the premium side, Acura has racked up 10,335 ZDX sales for the year, to Cadillac's 9,317 Lyriqs. While the ZDX was only the third-best-selling car in Acura's showrooms through Q2, it more than tripled the volume of the (soon to be discontinued) TLX sedan and doubled that of the Integra. We didn't run the numbers on the ratio of Acura dealerships to Cadillac dealerships, but you can probably guess how that shakes out. In GM's defense, the company is actually moving more Ultium-based models than the above numbers suggest. In addition to Blazer EV and Lyriq, there's also the Cadillac Escalade iQ (3,766), Optiq (4,940), and Vistiq (1,745); and the Chevy Equinox EV (27,749). And that's not even getting into the trucks (GMC Hummer EV, Chevy Silverado EV and GMC Sierra EV). Point being, in terms of sheer Ultium EV sales, GM is moving a lot more metal than Honda, even if Honda is doing better in the segments where their offerings overlap. There's also plenty of good news on GM's side of this equation. While Blazer EV might be losing the race to Prologue, it's still pacing well ahead of its 2024 sales. In fact, out of GM's entire EV portfolio, only the Lyriq's sales are off compared to last year's. The Cadillac brand, in aggregate, has sold 50% more EVs so far in 2025. Got a tip? Send it to tips@
Yahoo
08-07-2025
- Automotive
- Yahoo
GM recalls 42K Blazer EVs for parking brake wiring issues
This story was originally published on Automotive Dive. To receive daily news and insights, subscribe to our free daily Automotive Dive newsletter. General Motors has recalled over 42,000 Blazer EVs for a condition where the rear parking brake wiring harness may become damaged or corroded, resulting in unintended activation of the parking brake or loss of function, according to the National Highway Traffic Safety Administration. The recall includes 2024-2025 Blazer EVs built prior to Jan. 31, 2025, before GM introduced an updated wiring harness. Gas-powered Blazer models are not included in the recall. Dealers will inspect the parking brake wiring on the vehicles and reroute them or install anti-abrasive tape as needed, but any wiring harnesses showing signs of damage will be replaced for free. Owner notification letters are expected to be mailed on Aug. 11. Any unintended application of the rear electronic parking brake can increase the risk of a crash, and loss of function could result in vehicle rollaway while parked, according to the recall report. GM discovered the problem on March 18, after a brand quality manager submitted the issue to the automaker's 'Speak Up For Safety' program where employees can report any safety concerns they encounter. The manager flagged the issue after reviewing four customer complaints alleging a 'service parking brake' warning message on the instrument cluster or an inability to shift the vehicle out of park. GM opened a product investigation on May 6, which included a review of dealer photographs that showed damage to parking brake wires. The images revealed the wires were subjected to flexing during normal use at the bend in the harness. In some of the photographs, the wires were completely severed while others had damaged insulation, making them more susceptible to corrosion. A further review of field data completed by GM on May 21 uncovered 97 customer complaints potentially related to damaged parking brake wiring on Blazer EV models received between Aug. 15, 2023, and May 15, 2025. One complaint alleged rear wheel lock-up while driving and another described loss of parking brake function. As a result of the findings, GM's Safety Field Action Decision Authority decided to conduct a safety recall on June 18. However, the automaker is not aware of any accidents or injuries related to the defect. GM sourced the wiring harnesses from Tier 1 supplier Lear Electrical Systems de Mexico, a division of Lear Corp. The parts were manufactured at a Lear facility in Mexico. The Blazer EV is also built at GM's Ramos Arizpe assembly plant in Mexico. The battery-powered Blazer is one of GM's best-selling EVs. The automaker reported sales of 6,187 units in Q1, a year-over-year increase of 931%. For comparison, GM sold 14,510 gas-powered Blazer models during the same period. Recommended Reading GM recalls over 41K Cadillac Lyriq EVs for blank instrument displays while driving
NBC News
13-05-2025
- Automotive
- NBC News
Toyota reveals new name, upgraded tech for its sole U.S. EV
Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model year is the 'bZ,' cut down from the 'bZ4X.' Toyota says the name change is to simplify it for customers, but it's also likely a move to distance the updated model from its predecessor. The bZ4X received lackluster reviews, including from Motor Trend, which panned the vehicle as a compliance car. The vehicle also was recalled shortly after its launch for a problem in which its wheels could detach, leading to embarrassing headlines for the company that's known for its reliability. Toyota appears to address many concerns of the first-generation EV with the 2026 model year updates, including a 25% increase in EV range, up to 50% improvement in horsepower and fast-charging capabilities. The improvements bring the bZ closer to competitors such as Tesla's Model Y as well as General Motors' Chevrolet Equinox and Blazer EVs. Toyota said the bZ is scheduled to begin arriving in U.S. showrooms from its Japanese production plant during the second half of this year. It declined to release future pricing of the car, which currently ranges from roughly $37,000 to $42,000, depending on the model. The range of the EV on a single charge is improved to up to 314 miles, from 252 miles. The vehicle's peak horsepower is upped from 214 hp to 338 hp for all-wheel drive models, while front-wheel drive vehicles increase 20 horsepower to 221 hp. Regarding charging, the 2026 bZ will be equipped with Tesla's North American Charging System port, giving drivers access to thousands of high-speed charging stations nationwide. Under ideal conditions, Toyota says the car will charge from 10% to 80% battery capacity in around 30 minutes. The vehicle also receives updated interior and exterior styling, which should assist its competitiveness among a growing number of EVs in the U.S. Although American drivers haven't adopted EVs as quickly as some expected just a few years ago, sales and the number of models available continue to grow. U.S. EV sales increased 11.4% year over year to nearly 300,000 units during the first quarter of this year, according to Cox Automotive's Kelley Blue Book. Toyota has sold roughly 35,000 units of the bZ4X since its launch in late 2022. It sold 18,570 of the vehicles in 2024.
Business Mayor
13-05-2025
- Automotive
- Business Mayor
Toyota reveals new name, upgraded tech for its sole U.S. EV
Global Economy May 13, 2025 Toyota Motor on Tuesday revealed a redesigned version of its sole all-electric vehicle in the U.S., with a simplified name and notable increases in EV technologies and capabilities. The new name for the EV for the 2026 model year is the 'bZ,' cut down from the 'bZ4X.' Toyota says the name change is to simplify it for customers, but it's also likely a move to distance the updated model from its predecessor. The bZ4X received lackluster reviews, including from Motor Trend, which panned the vehicle as a compliance car. The vehicle also was recalled shortly after its launch for a problem in which its wheels could detach, leading to embarrassing headlines for the company that's known for its reliability. Toyota appears to address many concerns of the first-generation EV with the 2026 model year updates, including a 25% increase in EV range, up to 50% improvement in horsepower and fast-charging capabilities. The improvements bring the bZ closer to competitors such as Tesla's Model Y as well as General Motors' Chevrolet Equinox and Blazer EVs. Toyota said the bZ is scheduled to begin arriving in U.S. showrooms from its Japanese production plant during the second half of this year. It declined to release future pricing of the car, which currently ranges from roughly $37,000 to $42,000, depending on the model. The range of the EV on a single charge is improved to up to 314 miles, from 252 miles. The vehicle's peak horsepower is upped from 214 hp to 338 hp for all-wheel drive models, while front-wheel drive vehicles increase 20 horsepower to 221 hp. Regarding charging, the 2026 bZ will be equipped with Tesla's North American Charging System port, giving drivers access to thousands of high-speed charging stations nationwide. Under ideal conditions, Toyota says the car will charge from 10% to 80% battery capacity in around 30 minutes. The vehicle also receives updated interior and exterior styling, which should assist its competitiveness among a growing number of EVs in the U.S. Although American drivers haven't adopted EVs as quickly as some expected just a few years ago, sales and the number of models available continue to grow. U.S. EV sales increased 11.4% year over year to nearly 300,000 units during the first quarter of this year, according to Cox Automotive's Kelley Blue Book. Toyota has sold roughly 35,000 units of the bZ4X since its launch in late 2022. It sold 18,570 of the vehicles in 2024. READ SOURCE
