GM Dealership Owners Opt to Sell Rather Than Invest in EVs

Dec. 22, 2022

Buick is asking dealers to commit a minimum investment of $300,000 to $400,000 to prepare their stores to sell and service EVs.

Dec. 22, 2022—Buick dealerships who would prefer to not invest the money, time and effort it takes to sell and service electric vehicles are instead opting to sell their locations.  

As reported by the Detroit Free Press, General Motors is getting outside offers to purchase the dealerships from owners not on board with the brand’s transitions to all-electric by 2030. 

General Motors declined to say how many owners of its nearly 2,000 Buick dealerships nationwide intended to sell, but, according to the report “Buick is asking dealers to commit a minimum investment of $300,000 to $400,000 to prepare their stores to sell and service EVs.” 

About the Author

Ratchet+Wrench Staff Reporters

The Ratchet+Wrench staff reporters have a combined two-plus decades of journalism and mechanical repair experience.

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