DETROIT, Mich. (Michigan News Source) – General Motors says it will offer its Buick franchise dealers a buyout option.
The move comes after a company statement this summer that said Buick would transition to sell exclusively electric vehicles in just eight years.
MORE NEWS: Enjoy the Ride: Cedar Point Hiring 7,000 Seasonal Workers Starting Feb. 15
Buick’s 2,000 U.S. franchise dealers will have to decide if they want to take the buyout or transition with the company, which likely would include some additional investment.
The Wall Street Journal is reporting that dealers who take a buyout likely would continue to operate their stores while selling one or more of the other three GM brands without stocking Buicks.
Leave a Comment
COMMENTS POLICY: We have no tolerance for messages of violence, racism, vulgarity, obscenity or other such discourteous behavior. Thank you for contributing to a respectful and useful online dialogue.