GM's $7.1B EV Reckoning Just Made Used Jeeps a Buyer's Market
"GM spent years lecturing the market about EV transition, then realized their balance sheet couldn't survive it. The price cuts on Jeep are just the opening move."
— Revvly Take
General Motors took a massive writedown on EV operations and China restructuring, and now Jeep is cutting 2026 prices to move inventory. Translation: the company that bet big on electrification is now in damage control mode, which means real discounts on gas-powered models while they last.
Andy Kalmowitz
Jalopnik · Jan 9
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