General Motors’ luxury brand Cadillac will enter 2022 with 560 dealerships—down from 875 at the start of 2021, although the remaining stores account for more than 90% of its sales, according to Inside EVs. The company offered buyout agreements to dealers a year ago, with the brand’s buyout strategy “designed to ensure that the dealership network was committed to selling and servicing EVs,” said Inside EVs. The remaining dealers are preparing to upgrade their outlets for EV sales and service. (Source: Inside EVs) Read the original story…
