GM Buys Out Half of Buick Dealers Unwilling to Sell EVs

Despite a 47% reduction in dealerships, Buick sales increase by nearly 60% as the brand plans to go fully electric by 2030.

Nearly half of Buick's 2,000 dealers in the U.S. accepted GM's voluntary buyout offer over the past year, due to their reluctance to sell electric vehicles (EVs).
GM offered the buyout as an alternative to dealers investing at least $300,000 to facilitate the selling and servicing of EVs, including initiatives like the installation of EV chargers and staff training.
Dealers who accepted the buyout will no longer sell Buick vehicles, but can continue to sell vehicles from other brands under the GM umbrella, like Chevrolet or GMC.
GM is planning for Buick's vehicles to be 100% electric by 2030, and the buyout program remains open for additional dealers who may opt to take the buyout.
Despite the reduction in dealerships, Buick sales are up nearly 60% this year, and nearly 90% of the U.S. population still lives within a roughly 25-mile radius of a Buick dealer.