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Buick Dealerships Taking Buyouts, EV Sales Program Rejected By 47 Percent

The Truth About Cars

Buick reportedly spent 2023 closing a lot of dealerships. The brand lost 47 percent of its American retail locations through the year, which has been attributed to General Motors buying out storefronts that refused to invest in the necessary changes required to sell all-electric vehicles.

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GM will offer U.S. Buick franchise dealers buyouts

Teslarati

General Motors said that it will offer all of its Buick franchise dealers in the U.S. In June 2022, Buick announced plans to go all-electric by 2030 starting with a crossover SUV in 2024. “So if they want to exit the Buick franchise, then we will give them monetary assistance to do so,” he said.

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Buick dealers in rural areas move toward buyout instead of EV adoption

Teslarati

Buick dealers in rural areas are moving in favor of buyouts from General Motors instead of shifting toward EV adoption, dealerships said. In September , GM said it would offer Buick dealerships in the U.S. GM is not the only company attempting to push dealers to transition to predominant EV sales over the next decade.

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American Car Sales Slightly Off in June

The Truth About Cars

As predicted, the catastrophic CDK ransomware outage seems to have had an impact on car sales in this country, with companies like Stellantis and Kia recording drops in volume. Talking heads are looking at a seasonally adjusted annualized rate of sales somewhere in the 14.7 million to 16.2

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General Motors Bringing Back Plug-in Hybrids

The Truth About Cars

Despite previously having committed itself toward a future where it builds all-electric vehicles, General Motors has made plans to bring plug-in hybrids back to our market. General Motors already delivered the Chevrolet Bolt, with the model becoming one of the first affordable EVs offering real utility to customers.

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GM launches Green Dealer Recognition program

Green Car Congress

GM has launched a “Green Dealer Recognition” program for Chevrolet, Buick, GMC and Cadillac dealerships across the US. Participating dealers have proven track records in areas such as energy reduction, renewable energy use, water conservation efforts, recycling, on-site nature habitats and community outreach.

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Ford, Chevy and Buick-GMC-Cadillac dealerships promote throughout 4 states

Baua Electric

“We are super proud to be owners, and we’re thrilled to be Ford dealers in Marion,” he stated. promoting Common Motors manufacturers. 27 got Farnsworth Chevrolet, Randall Buick-GMC-Cadillac and a crash middle from Randall Farnsworth Auto Workforce, a family-owned industry in Canandaigua, southeast of Rochester.

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