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 204
article thumbnail

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

CleanTechnica EVs

Tax credits for electric cars are changing on January 1, 2024 and there will be winners and losers as manufacturers scramble to adjust. 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.

Buick 98
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 96
article thumbnail

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. sales, Aldred said.

Buick 105
article thumbnail

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.

Buick 78
article thumbnail

Half of Ford dealers won’t commit to EV program, will stick to ICE and hybrids for now

Teslarati

Ford’s transition into the electric vehicle age does not seem to be going as smoothly as company executives expected. As per recent reports, a significant portion of Ford’s US dealership network is opting out of the automaker’s aggressive electric vehicle push.

Dealers 111
article thumbnail

J.D. Power Discovers Dealer Service Satisfaction Rises Amidst Extended Wait Periods

The Truth About Cars

Photo credit: Standret / Shutterstock.com The auto industry has seen a rebound in customer satisfaction with dealer service experiences this year, marking a positive shift. However, dealers are still facing challenges due to shortages in parts and labor, which have contributed to increased wait times for service appointments.

Dealers 95