GM buys out nearly half of its Buick dealers across the country that opt to not sell EVs

Last year the Buick division of GM asked its franchise dealerships to spend $300,000 to $400,000 to buy equipment needed to service doze faaaabulous electric vehicles.

Nearly half the Buick dealers in the U.S. said no thanks, so now GM has bought out those dealers.

This means GM will lose about 1,000 Buick dealerships nationwide--a drop of about half in just one year.  Since the average dealership has about 100 employees, some economists worried that this would cause unemployment to increase.

biden regime press secretary Karine Jean-Pierre disputed the math but declined to elaborate.  She did say closing the dealerships is actually good news because it offers former employees the chance to take better-paying jobs in state or federal government, or in the growing, high-paying field of home health-care.

GM previously announced all its cars will be electric by 2030, which biden "climate czar" John Heinz Kerry said is definitely good news since it will reduce emissions of the deadly gas "CO2" which Scientists predice will destroy all life on Erf if not reduced to the 1945 level real soon.

Separately, GM announced it will lay off 1,300 factory workers.  Company spokeslackeys said GM will use the savings to hire more Diversity/Equity monitors at far higher salaries.  The company says it expects the two moves combined will save over $5,000 a year.  

The company's stock jumped on the news.

Remember, the economy is booming, citizen.

Source.

https://www.freep.com/story/money/cars/general-motors/2023/12/20/gm-buick-dealerships-buyouts/71978066007/