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Report: Chevy not planning dealer buyouts over EVs as GM offered for Buick, Cadillac

Green Car Reports

Chevrolet won't follow sibling General Motors brands Buick and Cadillac in offering buyouts to dealerships that don't want to sell electric vehicles, a GM executive said in a recent interview with The Verge.

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Cadillac previews production CELESTIQ flagship EV; MSRP starting above $300,000

Green Car Congress

Cadillac provided some details on its production CELESTIQ flagship “ultra-luxury sedan”; the show car version appeared earlier this year. Clients will work directly with their selected dealer and Cadillac designers to realize their unique vision for the car, with unprecedented levels of personalization tailored to reflect the owner’s tastes.

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Cadillac Celestiq will start with hefty price tag of $340,000

Teslarati

When General Motors unveiled the Cadillac Celestiq last year, we were told it would be 18 feet long, pack 300 miles of range, have an impressive 0-60 MPH acceleration rate of just 3.8 When it hits the market, it will be built by hand at the GM Global Technical Center in Warren, Michigan. seconds, and start at $300,000.

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General Motors increases EV investment by 75% through 2025

Teslarati

General Motors has increased its electric vehicle investment by 75%, from $20 billion to $35 billion through 2025, the company announced on Wednesday. GM also plans to roll out the Cadillac LYRIQ and the Chevrolet Silverado electric pickup in the coming years. “We

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GM’s Cadillac set to eliminate 40% of dealerships in $274M restructuring project

Teslarati

General MotorsCadillac brand is set to eliminate around 40% of its U.S. GM is one of the largest automotive brands globally and has been involved in the development of electric vehicles for several years, thanks to the Bolt, an EV under the automaker’s Chevrolet brand. Credit: Cadillac.

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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. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers. Buick franchise dealers buyouts appeared first on TESLARATI. DTC is happening.

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Cadillac LYRIQ reservations sold out in just over ten minutes

Teslarati

Cadillac announced earlier this week that reservations for the LYRIQ EV sold out in just over ten minutes, marking an impressive statistic for demand. However, Cadillac did not detail how many reservations it received before closing down the reservations. Additional reservations will take place through Cadillac’s dealer network.