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Description: DETROIT – About 150 General Motors dealers have accepted buyouts and will stop selling Cadillacs as the Detroit automaker pivots the luxury brand to lead its all-electric vehicle efforts, a person familiar with the details confirmed to CNBC.

Source: – video report

Date: Dec 05, 2020


Questions for discussion:

  • Explain why some dealerships might decide to accept the GM buyout offer.
  • What does this mean for future management and marketing of GM vehicles?
  • Is this development “good” for GM and investors?