General Motors appears to be getting some takers on its offer to buy out Buick dealers who don't want to invest hundreds of thousands of dollars in adding electric vehicle chargers and other tools needed to sell and service electric vehicles as the brand transitions to all-electric by 2030.
But just how many remains unclear. A GM spokesman declined to comment on the number, if any, of its nearly 2,000 Buick dealerships across the country opting to sell the franchise back rather than invest in the electric future, citing legal confidentiality conditions. But Buick is asking dealers to commit a minimum investment of $300,000 to $400,000 to prepare their stores to sell and service EVs.
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