Buick will buy out dealers who don't want to start selling electric cars

General Motors continues its effort toward electrification, and it may have a few Buick dealerships on its way.

Duncan Aldredge, Global Vice President of Buick and GMC, said that over 1,900 Buick dealerships in the US will be offering buyout offers to those who do not wish to be a part of the brand.

Shift to selling electric vehicles only. Buick requires its dealers to invest in charging stations and other store upgrades as part of this change.

"Not necessarily everyone wants to go [electric] travel, depending on where they are located or the level of expense that the transition will demand," Eldredge explained.

While Buick isn't selling any all-electric models yet, the first Buick EV will be the Electra. Buick has announced that all of its EVs will have the Electra name.

The first Buick Electra should go into production in 2024 as a 2025 model. After that date the U.S. And all new Buicks sold in Canada will be electric-only.

US Most of the Buick dealers in the U.S. also sell the GMC model. So taking the buyout will most likely keep the dealership in the GM family.

Dashed Trail

Liked this story?

Next Story

Know what are the 3 simple ways to stay motivated all the time! 

Share it