GM to buyout Cadillac dealers

[XfireZ51]

GM is offering to buyout Cadillac dealers if they don?t agree w EV direction.
EV will fundamentally restructure the distribution system of automobiles. GM is prepping to go EV w Cadillac by offering dealers an opportunity to bail.



https://www.autoblog.com/2020/11/23/...zDhX4HCqXp9A5w

[Mikey]

The dealership model tends to break down with electric. Not enough money in parts and service anymore. Hence no Tesla dealerships.

[Erik]

Very well played by GM.

[XfireZ51]

Originally Posted by Mikey

The dealership model tends to break down with electric. Not enough money in parts and service anymore. Hence no Tesla dealerships.

Yep. Basically Tesla does maintenance by distributing fixes etc. via internet. A dealership makes its money ?in the back?. New cars are a loser and efforts like Carvana threaten the used car profitability.

[DRM500RUBYZR-1]

I read this a few times.
Here is what I sent today to the members of my local Corvette Club that I have been a member of since 1991.
I titled the email as follows:

The End of the Beginning or the Beginning of the End?

Here you go:

Happy Thanksgiving All!!!

Today was Small Business Saturday.

Hope you found time to support those who enrich your lives in many small ways.

Perhaps you should add Cadillac Dealerships to the list.

While this is a "first", it surely will not be the last, nor will it end with Cadillac.

General Motors has played their hand smartly and well.

This could very well become the model for many "Franchised Dealers"

When you can buy a Chevrolet Bolt that is actually rather well thought out, or a Porsche Taycan with 775 horsepower and zero to 60 in 2.6 seconds, I guess we are seeing the NEAR Future and it is now here.

I still recall waiting for the windows to be uncovered at car dealerships in the 60's when the new models were ready to roll out.

Did I mention that there are two unused fuse locations in the 2020 Corvette?

One is labeled Tone Gen, which sounds like the noise maker they put on hybrids so pedestrians know they are moving.
The other is for a "battery".

We have seen the future;
And it is here.

Guess we all best "Get with the Program"

While I love the thought of instant 700 foot pounds of torque and equal instantaneous horsepower, pardon me if I tear up a bit at the thought of no longer hearing a 427 with Side-pipes or a Z06 coming out of 3rd at full throttle, or my ZR-1 coming out of third at 7400 RPM at 120+ as fourth causes some wheelspin, or the FUN of driving my sons 2020 Mustang GT that with the Father and Son project of Roush exhaust that had me grinning so much I started laughing at how great it sounded.
Guess cowboys looked at motorcars with the same sadness.
Maybe not much time left to "feed" gas to the pony.

Here is the article that prompted this.

GM offers to pay dealers to drop Cadillac brand in switch to EVs

GM offers to pay dealers to drop Cadillac brand in switch to EVs
General Motors is offering $300,000-$500,000 to any Cadillac dealer who is not down with GM's ambitious plans to...



It is a brave new world.
I just cannot yet see myself at Smithville peering in awe at an overgrown blender motor.
Going to Carlisle to see High Performance coil windings?
Just some thoughts while I await the vaccine.

and to all a "Good Night!"

Marty

[XfireZ51]

Marty,

I?m a believer that Corvette will be its own brand as Porsche is today.

[BigJohn]

Porsche has always been its own company from its beginnings.

[Mystic ZR-1]

Own company?
Porsche is owned by VW...

[XfireZ51]

Originally Posted by XfireZ51

Marty,

I?m a believer that Corvette will be its own brand as Porsche is today.

Meaning that Porsche offers a line of vehicles, not just a 911

[BigJohn]

Originally Posted by Mystic ZR-1

Own company?
Porsche is owned by VW...

And soon NAVISTAR
Porsche company was founded in 1931