17% of Cadillac Dealers to Leave Brand, Won’t Sell EVs
Most of the dealers accepting the buyout also own one or more GM brands and only sell a small number of Cadillacs a month, not enough to spend the money for the upgrades.

Cadillac’s first electric model, the Lyriq, will launch in the first quarter of 2022, nine months earlier than expected.
Photo courtesy of GM.
With General Motors’ plans to electrify its Cadillac lineup by the end of the decade, about 150 Cadillac dealers out 880 in the U.S. will accept buyouts from GM instead of making the upgrades to sell and service EVs, according to the Wall Street Journal. The buyouts range from $300,000 to $1 million.
Most of the dealers accepting the buyout also own one or more GM brands and only sell a small number of Cadillacs a month, not enough to spend the $200,000 needed for the upgrades.
Cadillac’s first electric model, the Lyriq, will launch in the first quarter of 2022, nine months earlier than expected. The model will be the first EV produced at its Spring Hill plant, which is being retooled with a $2 billion investment for EVs.
However, GM will not offer buyouts to GMC dealers who do not want to sell Hummer EVs, CNBC reports.
The rebirth of the Hummer as an electric model is expected in 2021 with its most expensive package, Edition 1, bowing first — for about $112,000. Other more affordable versions will follow.
More Fleet Forward

Earley, Mossing Named to NAFA's 2026 Class of Fellows
The honor recognizes five outstanding professionals whose leadership, service and contributions have made a significant impact on NAFA and the fleet management profession.
Read More →
Fleet Forward Conference Adds IIHS Crash Test Experience for 2026 Attendees
Attendees will witness a live crash test, tour the IIHS Vehicle Research Center, and experience advanced crash-avoidance technologies firsthand.
Read More →
Cameras, Safety and Insurance: From Reactive Claims to Real-time Prevention
Commercial auto remains one of the most challenging and costly lines of coverage for fleet operators and insurers alike. Learn more about how to effectively address these issues from Onur Aksan, Enterprise Business Development Executive, Geotab.
Read More →
Matt Dyer to Deliver Closing Keynote at Fleet Forward Conference
The Merchants Fleet CEO will discuss the changing expectations and strategic role of today’s fleet leaders.
Read More →
IIHS Brings Commercial Vehicle Safety Analysis to 2026 Fleet Forward Conference Stage
IIHS President David Harkey will share early findings from new testing of delivery vans, pickups, and work trucks — and what the data means for fleet safety decisions.
Read More →
Fleet Manager or Data Strategist? You’re Both
The job hasn’t changed, but the expectations have. Do you have a plan on how to use AI to thrive?
Read More →
Nominations Are Open for the 2026 Awards!
The Hall of Fame, Visionary, and Fleet Manager of the Year award nominations are officially live. Don't miss your chance to recognize someone deserving.
Read More →
Fleet Manager of the Year Winners Over the Years
The Edward J. Bobit Fleet Manager of the Year award honors commercial fleet managers whose leadership, innovation, and business acumen have advanced the profession.
Read More →
Vehicle Management Systems Introduces Virtual Fleet Manager
VMS recently launched an AI-first fleet platform that streamlines system design, organizes data, and supports decision-making.
Read More →
LightMetrics Launches Cloud AI Layer to Reduce False Driver Safety Alerts
New FP platform filters dashcam alerts before they reach fleet managers, aiming to cut false positives, improve trust, and streamline safety coaching.
Read More →
