Makes sense, GMC is not going to be an All EV brand at least short term, so dealers can choose to carry EV's, or not. Sometime GMC Customers will force GMC dealers decisions if GMC EV's become popular enough.A GMC exec said they will not be going down a similar strategy as Cadillac with buyout offers.
AutoNews Now: GMC won't offer buyouts to EV-wary dealers Video from Automotive News
GMC won't offer buyouts to EV-wary dealers | Nissan continues 'product onslaught' | Acura's redesigned MDX | PPP lawsuit withdrawn | BMW's Amazon data hub | Tesla's $5B stock salewww.autonews.com
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GMC won't offer buyouts to EV-wary dealers
A GMC exec said they will not be going down a similar strategy as Cadillac with buyout offers.
www.autonews.com
AutoNews Now: GMC won't offer buyouts to EV-wary dealers Video from Automotive News
GMC won't offer buyouts to EV-wary dealers | Nissan continues 'product onslaught' | Acura's redesigned MDX | PPP lawsuit withdrawn | BMW's Amazon data hub | Tesla's $5B stock sale
www.autonews.com
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Apparently dealers are getting $500,000 for the buyout from Cadillac.
www.cnet.com
GM will pay Cadillac dealers iffy on EVs $500,000 to buzz off
If dealers aren't sold on electric vehicles, GM will offer them a buyout instead.
www.cnet.com
Apparently dealers are getting $500,000 for the buyout from Cadillac.
GM will pay Cadillac dealers iffy on EVs $500,000 to buzz off
If dealers aren't sold on electric vehicles, GM will offer them a buyout instead.
That is not entirely accurate, GM is negotiating with each dealer to buy out their franchise, some get as low as $200K to as high as $1m, depends on the size of the dealer, and how much GM wanted to get rid of them.
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