Chevy not offering buyouts to dealerships not going 100% EV

September 23, 2022

Chevrolet won’t follow sibling General Motors brands Buick and Cadillac in offering buyouts to dealerships that don’t want to sell electric vehicles, a GM executive said in a recent interview with The Verge. In fact, the dealerships that take buyouts for their Buick and Cadillac franchises could end up selling Chevys exclusively, GM global vice president Scott Bell said in the interview. “The minute they pull back and say, ‘You know what, I’m not ready to go all-in for those brands,’ they’re now 100% a Chevy dealer, which is a good thing for Chevrolet,” Bell said. Because while Buick and Cadillac are slated to go all-electric by the end of the decade, and GM has said it “aspires” to eliminate tailpipes from its light-duty vehicles by 2035, the automaker hasn’t set a firm date for Chevy to stop selling internal-combustion vehicles. Read original article here.

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