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SHAPE OF THE FUTURE — Magnolia State Cadillac dealers eye offers to buy in to electric version, or take buyout


The electric-powered Cadillac Lyriq will be introduced in 2022.
Cadillac has been synonymous with top excellence since the American car was born in the early days of the 20th century.
And the General Motors Co. intends for it to remain that way.
The next incarnation of the auto will be the electric-powered Lyriq (pronounced lyric) in late 2022.
So dealerships must get ready, if they want to stick with the brand.
General Motors has made an offer of a buyout if a dealership doesn t want to.
That means upwards of $1 million. To convert service to accommodate the Lyriq, dealerships must invest about $200,000, according to the Wall Street Journal. ....

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