GM to Offer Franchise Buyouts to U.S. Buick Dealers

General Motors will supply buyouts to U.S. Buick sellers in its place for franchise house owners who don’t need to make investments that shall be wanted as the brand goes all-electric, an government mentioned.

Global Buick chief Duncan Aldred confirmed in an interview that every one of Buick’s roughly 2,000 U.S. franchise sellers shall be given the chance to take a buyout. A seller who takes a buyout would surrender the Buick franchise and not promote the model, though almost all Buick sellers additionally promote different GM fashions. Mr. Aldred is scheduled to define the plan throughout a digital seller assembly Friday.