Approximately 1,000 Ford dealers chose not to invest in the EV initiative; they will continue to sell Ford vehicles but will be limited to selling gasoline-powered and hybrid models. In 2027, Ford will offer these sellers another option to add this technology.
According to Cadillac officials, more than one-third of its 875 dealers accepted a buyout offered by the model beginning in 2020, bringing the number of U.S. dealerships to about 560. The usual offer ranged from $300,000 to $500,000.
