Thinning the Cadillac Herd
Since GM is having trouble selling EVs, it’s not surprising to learn it is buying out the dealerships that can’t sell them.
The trade publication Automotive News reports that GM is offering to pay any of its 880 Cadillac dealers as much as $500,000 to close their doors – in order to leave fewer Cadillac stores, so that when Cadillac “transitions” to selling nothing but EVs by 2030 (there’s that date again) it’ll look like Cadillac is selling more EVs.
Kruschev used the same trick to make Western observers think he had a huge fleet of intercontinental bombers by flying the same six airplanes in a wide loop over Moscow for their viewing edification.
Meanwhile, the same GM that is paying dealers to close will be increasing what it spends on EV development by 35 percent to $27 billion over the next two years, probably because of the apparent selection of the new El Presidente, w
Article from LewRockwell