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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. Sales and service departments are also supposed to get additional training to better understand how to deal with EVs. Ford encountered a similar situation with its EV sales program and has been forced to adjust the terms several times , walking back requirements.

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

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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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Buick unveils new design and branding with a sleek gold Wildcat EV

Baua Electric

Buick is in the middle of “an evolution” as it introduces a new design based on the Wildcat EV concept. Buick unveils Wildcat EV-inspired design language Although Buick has yet to launch its first EV in the US, the automaker is prepping for its next era. Buick’s Electra E5 now starts at $23,600 (169,900 yuan).

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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. 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. The automobile store on Feb.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

Sales volumes in November were up year over year by more than 11%, but down from October. The elevated prices and high loan rates are likely putting downward pressure on sales. Strong luxury vehicle sales have been a primary reason for overall elevated new-vehicle prices. of total sales in November from 17.8% in October.

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