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About 150 U.S. Cadillac Dealers to Exit Brand, Rather Than Sell Electric Cars
Wall Street Journal ^ | 12-04-2020 | Mike Colias

Posted on 12/04/2020 2:19:36 PM PST by Responsibility2nd

About 17% of Cadillac’s 880 U.S. dealerships decide against spending for necessary upgrades

About 150 General Motors Co . dealers have decided to part ways with Cadillac, rather than invest in costly upgrades required to sell electric cars, according to people familiar with the plans, indicating some retailers are skeptical about pivoting to battery-powered vehicles.

GM recently gave Cadillac dealers a choice: Accept a buyout offer to exit from the brand or spend roughly $200,000 on dealership upgrades—including charging stations and repair tools—to get their stores ready to sell electric vehicles, these people said.

~snip~

Most dealers who accepted the buyout also own one or more of GM’s other brands—Chevrolet, Buick and GMC—and sell only a handful of Cadillacs a month, the people familiar with the effort said.

(Excerpt) Read more at wsj.com ...


TOPICS: Business/Economy
KEYWORDS: cadillac; elonmusk; gavinnewsom; generalmotors; globalwarminghoax; greennewdeal; larryelder; lorenagonzalez; lucid; nancypelosi; tesla
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To: originalbuckeye

We need. To build 20 new nuclear power plants in the next 10 years if we are serious about transitioning to EVs.


21 posted on 12/04/2020 2:39:46 PM PST by MinorityRepublican
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To: nascarnation

Each car have their own followers like ricers and Jeep Wrangler drivers (like me). I know someone who owned EIGHT Subaru cars and wont change brands.


22 posted on 12/04/2020 2:43:00 PM PST by max americana (fired liberal employees at every election since 2008 because I enjoy seeing them cry )
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To: Responsibility2nd

Dealers starting to Go Galt.


23 posted on 12/04/2020 2:43:00 PM PST by rfp1234 (Caveat Emperor)
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To: ProtectOurFreedom
Too bad GM just didn’t allow them to stick one EV Caddy in the back corner of the lot for the occasional customer who wanted to look at one. They could dust it off every month or two.

Make it a self-driving car: "No need to come to the dealership to check out our new Autonomous Cadillac; we'll send it to you."

24 posted on 12/04/2020 2:43:07 PM PST by T.B. Yoits
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To: MinorityRepublican

Don’t forget to upgrade the entire grid and distribution system while they are at it, if everything/everyone is going electric it will be required.


25 posted on 12/04/2020 2:44:36 PM PST by Oil Object Insp
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To: Responsibility2nd

Cadillac quality is so abysmal now, it is far worse than even the bad 70’s. There are some real morons working at Cadillac. The Northstar engine disaster really started the avalanching downhill quality issues.

I expect to see big motion towards Lexus and Acura. The other luxury brands, Cadillac, Mercedes, Rover, Audi, etc will only be able to keep selling overly complex junk with atrocious resale for so long. I already know people who will never buy another VW or BMW after the huge maintenance costs when they get 60K miles and then take a bath trying to trade it in or sell it. Another two people I know just dumped their Range Rover Money Pits for Lexuses.


26 posted on 12/04/2020 2:48:07 PM PST by Seruzawa (TANSTAAFL!)
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To: RetiredTexasVet

Was that the stupid 4/6/8 engine that turned off cylinders to save fuel?


27 posted on 12/04/2020 2:48:33 PM PST by Trump.Deplorable
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To: RetiredTexasVet
Dealers probably remember the Cadillac diesel engine fiasco years ago

My Mom had a diesel Cadillac Seville. Beautiful looking car, but if you floored it, it billowed out a black cloud of exhaust behind it like a WWII destroyer taking evasive action. That did work well to discourage tailgaters, however.

28 posted on 12/04/2020 2:48:43 PM PST by Flick Lives (My work's illegal, but at least it's honest. - Capt. Malcolm Reynolds)
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To: SpaceBar

Put bigger wheels on the back so it’s always going downhill.


29 posted on 12/04/2020 2:49:02 PM PST by Hazwaste (Socialists are like slinkies. Only good for pushing down stairs.)
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To: T.B. Yoits

Make it a self-driving car: “No need to come to the dealership to check out our new Autonomous Cadillac; we’ll send it to you.”


I wonder, how does that work, are you required to sit in the “driver’s” seat? If I had a couple too many, can I just sit in the back seat and let the car drive me home?

That will cost local towns small fortunes on DUI and local lawyers are going to go broke not defending them. Heck you wouldn’t even need many cops either


30 posted on 12/04/2020 2:51:09 PM PST by Trump.Deplorable
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To: Responsibility2nd
Full article here...I believe.

https://m.marketscreener.com/quote/stock/GENERAL-MOTORS-COMPANY-6873535/news/About-150-U-S-Cadillac-Dealers-to-Exit-Brand-Rather-Than-Sell-Electric-Cars-5th-Update-31941475/

31 posted on 12/04/2020 2:52:26 PM PST by moovova
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To: MinorityRepublican

No, I’m sure our Leftist overlords will nix nuclear power. I’m thinking they figure if only those who have the power (in the country) are allowed to have vehicles, then there will be enough power for THEM to drive around. It’s we, the working stiffs, who won’t have the ‘luxury’ of traveling, etc. They are already trying this out with their ‘Covid’ rules that don’t apply to them.


32 posted on 12/04/2020 2:52:50 PM PST by originalbuckeye ('In a time of universal deceit, telling the truth is a revolutionary act'- George Orwell.)
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To: DarrellZero
In my Dad’s day owning a Cadillac meant you had arrived. Sadly, today it’s just another car and mostly unremarkable.

Same here. My dad had a 1994 DeVille Concours with the Northstar V-8. That sucker looked like a slow-mobile, but it would give most anything a run for the money back then. Smooth, handled nice when it needed to, and fast.

33 posted on 12/04/2020 2:53:59 PM PST by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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To: DarrellZero

They are quiet inside. Worth every penny.


34 posted on 12/04/2020 2:57:48 PM PST by Jumper
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To: Trump.Deplorable

“Was that the stupid 4/6/8 engine that turned off cylinders to save fuel?”

It could be. On the other hand it could be the gas engine block they converted to diesel.


35 posted on 12/04/2020 3:00:57 PM PST by alternatives? (If our borders are not secure, why fund an army?)
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To: DarrellZero

I hope your dad didn’t buy a Cimarron.


36 posted on 12/04/2020 3:01:50 PM PST by alternatives? (If our borders are not secure, why fund an army?)
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To: originalbuckeye

in certain parts of it, he’s correct

and neighborhoods are not sized to have everyone recharging cars overnight either all night on 120v or a few hours on 240v fast chargers.


37 posted on 12/04/2020 3:05:18 PM PST by Secret Agent Man (Gone Galt; Not Averse to Going Bronson.)
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To: Trump.Deplorable

Those were in the maybe late 80’s to mid nineties. 4.1 liter. They were junk. The only impressive one I ever saw was fit in a chevy citation.


38 posted on 12/04/2020 3:07:23 PM PST by enduserindy (I’m done explaining basic math and the definition of freedom. )
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To: originalbuckeye

And that’s certainly the case in NYS.


39 posted on 12/04/2020 3:09:56 PM PST by mewzilla (Break out the mustard seeds. )
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To: cgbg

#12 How much to rent your women?....


40 posted on 12/04/2020 3:11:04 PM PST by minnesota_bound (I need more money. )
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