By
Team Writer
/ October 4, 2016
A recent report from Automotive News is stating that Cadillac is offering to buy out four hundred small U.S. dealerships. The report also states that the conditions are that dealers who are willing to walk away from their franchises will receive between $100,000 and $180,000. However this buyout package is only being offered to dealerships that sold fewer than fifty new retail vehicles last year.
Report: Cadillac Offering Buyouts to 40 Percent of its Dealerships