Buick Requiring Dealers to Invest at Least $300K to Go EV
Buick has big EV plans, and its dealers will be paying a big cost if they want to stay with the brand.
Those who want to stay with the brand will have to invest between $300,000 and $400,000. That's an average, Buick says, and will vary for each dealership.
Buick has said it will have an all-EV lineup by 2030 and will not introduce internal-combustion engine vehicles after 2024.
Dealers that don't want to make the necessary investments in tooling, training, and equipment will be bought out by the brand, which has a hair over 1,960 stores in the U.S.
Buick did not share with AN how many stores have chosen to take the buyout.
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