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GM Offers to Buy Out Buick Dealers Unwilling to Invest in EV Infrastructure
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In its path toward full electrification of the Buick lineup, General Motors has offered to buy out any of its roughly 2,000 Buick dealers that are not willing to invest in expensive store upgrades to sell and service electric vehicles, The Wall Street Journal reports(Opens in a new window).
It comes on the heels of June’s announcement (Opens in a new window)that Buick will offer its first electric vehicle in 2024 and fully electrify its lineup by 2030. All new vehicles will launch under the “Electra” brand with a new logo, the first significant change to the Buick logo since 1990.
Next stop? Our electrifying future.
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