General Motors purchases back half of Buick dealers, WSJ reports

General Motors has bought out roughly 50% of its 2,000 Buick dealers across the nation, based on their decision to not sell electric vehicles, Nora Eckert of The Wall Street Journal reported, citing a company spokesman. Dealers opting for the buyout will relinquish their Buick franchise and cease selling this particular brand, according to spokesman’s statement. However, these dealers retain the option to continue selling other GM models, such as Chevrolet or GMC, which frequently constitute a larger portion of their sales.