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09-26-2016, 04:43 PM
Cadillac is offering to buy out 400 of its smallest U.S. dealerships, reports Automotive News. Dealers who are willing to walk away from their franchises will receive between $100,000 and $180,000. The luxury brand is only offering the buyout packages to dealerships that sold fewer than 50 new retail vehicles last year. Still, about 43...
The post Cadillac Offering Buyouts to 40 Percent of its Dealers: Report (http://www.automobilemag.com/news/report-cadillac-offering-buyouts-to-40-percent-of-its-dealerships/) appeared first on Automobile Magazine (http://www.automobilemag.com).
More... (http://www.automobilemag.com/news/report-cadillac-offering-buyouts-to-40-percent-of-its-dealerships/)
The post Cadillac Offering Buyouts to 40 Percent of its Dealers: Report (http://www.automobilemag.com/news/report-cadillac-offering-buyouts-to-40-percent-of-its-dealerships/) appeared first on Automobile Magazine (http://www.automobilemag.com).
More... (http://www.automobilemag.com/news/report-cadillac-offering-buyouts-to-40-percent-of-its-dealerships/)