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Cadillac Is Buying Out Dealers That Don’t Want To Modernize In Order To Compete With Tesla

CleanTechnica EVs

Last year, Cadillac started offering its dealers cash in return for giving up their franchise rights if they didn’t want to be a part of the new automotive industry that includes electric vehicles. In other words, invest the funds to modernize your dealerships or get out of the industry. Many chose to take the money […].

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GM Dealers Want Hybrids Instead of More EVs

The Truth About Cars

Cadillac and Buick dealers accepted buyouts in large numbers to avoid making investments to sell EVS, and now the automaker’s dealers are pushing it to develop more hybrids instead of releasing new electric models. The company understands its dealers’ concerns but has not detailed plans to offer such products.

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Junkyard Find: 1995 Cadillac Sedan DeVille St. Tropez Edition

The Truth About Cars

Tropez Edition Cadillacs shows that most originated with dealers in Florida. Cadillac would sell you a seventh-generation (1994-1999) DeVille with a full vinyl roof for $925 extra (about $1,888 in 2024 dollars), but this one is Full Floridian. What kind of loser would buy a Lincoln Town Car instead of a Sedan DeVille?

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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 The post Cadillac Celestiq will start with hefty price tag of $340,000 appeared first on TESLARATI. seconds, and start at $300,000. I’d love to chat!

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

Teslarati

General Motors’ Cadillac brand is set to eliminate around 40% of its U.S. Cadillac, one of GM’s luxury brands, is planning to make a more committed effort toward electrification starting at the dealership level. Cadillac plans to be 100% electric by 2030. Credit: Cadillac.

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Chevrolet will NOT buy out Chevy dealerships if they don’t sell EVs

Teslarati

In recent years, General Motors brands Buick and Cadillac have announced that they will give dealers a buyout option if they are unwilling to sell electric vehicles. Cadillac was the first GM brand to offer dealers a buyout option if they were unwilling to invest in sales electrification and its associated investments.

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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 just offered to buy out ALL of its U.S. buyouts,the Wall Street Journal reported.

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