GM to buy out 150 Cadillac dealerships

[Cypress]

GM offered Cadillac dealerships an out if they didn’t want to spend the money needed to transition to selling and servicing EVs. About 17% took them up on the buy out.

https://www.wsj.com/amp/articles/ab...nd-rather-than-sell-electric-cars-11607111494

 

[FISHEV]

Any car dealer not making plans for zero emissions vehicles is going out of business so taking the $500k golden parachute from GM would be the way to go if yu are winding down your car dealership.

 

[Recoil45]

Or it might make more sense to take the money now and revisit in 5-10 years to many in the business world.


Sent from my iPhone using Tapatalk