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About 150 Cadillac dealers would rather leave the brand than sell EVs

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Dealerships would possibly hamper GM’s plans to electrify its cars. Wall Road Journal tipsters declare that roughly 150 GM dealerships within the US have determined to drop the Cadillac model and settle for a buyout (starting from $300,000 to over $1 million) fairly than spend about $200,000 to improve the dealerships with charging stations, restore {hardware} and different tools wanted to promote EVs. Many of those manufacturers solely promote a couple of Cadillacs monthly versus extra for Buick, Chevrolet and GMC, but it surely’s nonetheless a big blow when GM has 880 Cadillac sellers within the nation.

Cadillac model chief Rory Harvey confirmed to the WSJ that GM was providing buyouts, however didn’t say what number of sellers took them or how a lot they have been price.

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PJ is the Digital Marketer & Founder of PJ Digital Marketing, has involved in this field from 2010 onwards. Also the owner of a few more sites in different fields.