article thumbnail

Half of US Buick dealers chose buyouts over selling EVs in 2023

Electrek

Nearly half of Buick dealers took buyouts from GM this year instead of committing to selling and servicing EVs. moreā€¦ The post Half of US Buick dealers chose buyouts over selling EVs in 2023 appeared first on Electrek.

Buick 134
article thumbnail

Buick offers dealer buyouts in advance of EV remake for GM brand

Green Car Reports

Buick dealers uninterested in remaining with the brand for its EV remake, the head of Buick said in an interview with The Wall Street Journal published Friday. All of Buick's roughly 2,000 U.S. dealers will be given the opportunity to take a buyout, Global Buick boss Duncan Aldred said in the interview.

Buick 196
article thumbnail

Some GM, Ford Models Will Lose EV Incentives While Some Buick And Ford Dealers Refuse To Sell Electric Cars

CleanTechnica EVs

The post Some GM, Ford Models Will Lose EV Incentives While Some Buick And Ford Dealers Refuse To Sell Electric Cars appeared first on CleanTechnica. Tax credits for electric cars are changing on January 1, 2024 and there will be winners and losers as manufacturers scramble to adjust.

Buick 109
article thumbnail

GM advances Dealer Community Charging Program

Green Car Congress

GM marked the official launch of its Dealer Community Charging Program with the installation of the first community charging stations in Wisconsin and Michigan. Since the program was announced in late 2021, nearly 1,000 GM dealers have enrolled—representing almost a quarter of all GM dealers in North America.

Dealers 284
article thumbnail

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. Global Vice President of Buick and GMC, Duncan Aldred, told WSJ that shifting to EVs will require significant investments by Buick dealers.

Buick 120
article thumbnail

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.

Buick 209
article thumbnail

Buick Offers Dealers Buyout Option As Electric Car Plans Accelerate

CleanTechnica EVs

Following a successful campaign at Cadillac last year, GM will offer a buyout to Buick dealers who do not want to sell electric cars.

Buick 98