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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: alternatives?

Olds 350 converted. There were some differences in the block casting just not enough in the rest.


41 posted on 12/04/2020 3:14:28 PM PST by enduserindy (I’m done explaining basic math and the definition of freedom. )
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To: Flick Lives

LOL


42 posted on 12/04/2020 3:17:11 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: glorgau
Bet they would do it for a Tesla Dealership.
1. Tesla doesn't really do dealerships in the regular sense.
2. For Tesla, you would get to spend all the money you save on not having to carry fuel injectors, radiators, traditional transmissions, engine blocks, water pumps, etc.
43 posted on 12/04/2020 3:21:03 PM PST by Dr. Sivana (There is no salvation in politics)
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To: max americana

Subaru has been a big economic benefit here in Indiana.
The factory now has more than 6000 workers.


44 posted on 12/04/2020 3:22:20 PM PST by nascarnation
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To: RetiredTexasVet

Or the V4-6-8 or the downsized front wheel drive Cadillacs of the 1980’s...

When Cadillac did customer clinics and dealer clinics, everyone hated the fwd cars.

But Gm went ahead anyway because their “experts” told them, and “everyone knew” that that oil prices would soar in the future and only small fwd cars would sell.

So they introduced those cars in 1985-86 when oil prices were under $10 per barrel.

Brilliant !


45 posted on 12/04/2020 3:22:30 PM PST by Reverend Wright (Biden is like Mueller: a senile frontman for radical left interests)
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To: Responsibility2nd

“Even though EV’s are the wave of the future,”

like in the early 1980s when “everyone knew” oil prices would skyrocket ?


46 posted on 12/04/2020 3:23:33 PM PST by Reverend Wright (Biden is like Mueller: a senile frontman for radical left interests)
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To: Responsibility2nd
"Cadillac has truly lost their way. "

These meatheads are several decades late on this observation...

There hasn't been a "Cadillac" built since 1970... Since that time, environmentalist communists cut off the Cadillac's testicles and it rapidly degenerated into a mislabeled Chevy, Olds, Buick, or Pontiac...

My wife & I owned a 59 Cadillac (used: 61->64), a 62 Cadillac (used: 64-68), a 68 Cadillac (new: 68->76), a 1970 Cadillac (new: 70->75), and a 75 Cadillac (new: 75-80)...

47 posted on 12/04/2020 3:29:27 PM PST by SuperLuminal (Where is Sam Adams now that we desperately need him)
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To: DarrellZero

Never a fan of the brand - Lincolns, OTOH, were worth the buy. Last one I had was a 2010 MK Z, absolutely loved it.


48 posted on 12/04/2020 3:29:29 PM PST by Spacetrucker (George Washington didn't use his freedom of speech to defeat the British - HE SHOT THEM .. WITH GUNS)
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To: Reverend Wright

EVs are the wave of the future in China.

And they are building hundreds of coal fired power plants to accommodate them, because they have a 35 year reserves of coal identified already.

That may leave a lot of oil left over.


49 posted on 12/04/2020 3:31:29 PM PST by nascarnation
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To: Responsibility2nd
Even if they have the money and think they could manage to sell enough Caddie to make it worth while, the hassle they would get from their customers would not be worth it.

Most people who are looking to buy a Cadillac are one of two demographics, older upper middle class whites (sedan) and lower class black males (SUV).

Both are trouble if they do not feel they got the quality they wanted and paid for.

And electric cars are problems waiting to happen.

50 posted on 12/04/2020 3:35:13 PM PST by Harmless Teddy Bear (And lead us not into hysteria, but deliver us from the handwashers. Amen!)
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To: Responsibility2nd

Other than the occasional Escalade, Cadillac has been a dead brand for years.


51 posted on 12/04/2020 3:35:24 PM PST by Tijeras_Slim
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To: cgbg

Fascinating homepage. Thanks.


52 posted on 12/04/2020 3:39:52 PM PST by PGalt (Past Peak Civilization?)
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To: nascarnation

Subaru is now made in IN? Hmmm interesting.


53 posted on 12/04/2020 3:40:37 PM PST by max americana (fired liberal employees at every election since 2008 because I enjoy seeing them cry )
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To: glorgau

There’s a lot of things to consider here. They probably make a lot of money on repairing traditional powertrains, EV powertrains are less problematic.


54 posted on 12/04/2020 3:41:41 PM PST by fuzzylogic (welfare state = sharing of poor moral choices among everybody)
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To: MinorityRepublican

But they believe they can do it with windmills and solar panels.


55 posted on 12/04/2020 3:41:47 PM PST by ProtectOurFreedom ("Inside Every Progressive Is A Totalitarian Screaming To Get Out" -- David Horowitz)
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To: Responsibility2nd

Many of these are coal-fired cars.


56 posted on 12/04/2020 3:41:49 PM PST by Chauncey Gardiner
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To: DarrellZero

“He finally bought one in his 70s. Turned out to be a glorified Chevy,”

Did he buy the Cavalier based model? The Cimmarron?


57 posted on 12/04/2020 3:42:52 PM PST by setter
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To: Seruzawa

We owned two VW Jettas in the 80s and 90s. Never again. Same for Volvo and Toyota. Yes, Toyota.


58 posted on 12/04/2020 3:43:38 PM PST by ProtectOurFreedom ("Inside Every Progressive Is A Totalitarian Screaming To Get Out" -- David Horowitz)
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To: ProtectOurFreedom

Depends on the Toyota. Was it a Tacoma?


59 posted on 12/04/2020 3:48:34 PM PST by Seruzawa (TANSTAAFL!)
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To: Responsibility2nd

Driving cars will not be recognizable in five years. All new cars will be electric and autonomous. People driving old fashioned cars will feel very old fashioned, and will be paying higher insurance.

Try buying a new manual transmission now. Same thing, but on steroids. Get ready to feel really old.

You will be asking your five year old grand kids to operate your car.


60 posted on 12/04/2020 3:49:57 PM PST by Born to Conserve
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