Anthony P
sharing knowledge with those who care to listen
- Joined
- Jan 24, 2007
- Messages
- 1,260
As 2023 comes to an end, it is interesting to read nearly half of the 2,000 privately-owned Buick dealerships have accepted the voluntary GM buyout rather than be forced to invest in electric vehicle updates to their locations for sales/serivce as GM is forcing the Buick brand to be 100% electric by 2030.
As the forced implementation and switchover to EV's continues to backfire, seems like the Buick brand will be no more in a few years.
I had read in Ford's 3rd quarter report that the company lost $36,000 on every electric vehicle sold. Later it was reported layoffs for the electric F-150 program since hardly anyone is buying them and realization of real-world, short duration operation per charge. production of the electric F-150 will be cut by 50% for 2024.
EV's are a solution for China, as China has no fossil fuels in the earth below its country's boarder. Meanwhile, the USA has oil and natural gas deposits larger than Saudi Arabia and Qatar.
www.foxbusiness.com
As the forced implementation and switchover to EV's continues to backfire, seems like the Buick brand will be no more in a few years.
I had read in Ford's 3rd quarter report that the company lost $36,000 on every electric vehicle sold. Later it was reported layoffs for the electric F-150 program since hardly anyone is buying them and realization of real-world, short duration operation per charge. production of the electric F-150 will be cut by 50% for 2024.
EV's are a solution for China, as China has no fossil fuels in the earth below its country's boarder. Meanwhile, the USA has oil and natural gas deposits larger than Saudi Arabia and Qatar.

GM bought out nearly half of Buick dealers who opted against selling EVs
General Motors bought out roughly half of its Buick dealerships over the last year after offering voluntary buyouts to dealers opposed to the company's EV transition.