GM to focus on used-car business; plans to expand retail network1 min read . Updated: 23 Aug 2009, 12:21 PM IST
GM to focus on used-car business; plans to expand retail network
New Delhi: General Motors India is working on increasing its used-car business 15-fold and will push its second-hand cars through existing as well as new dealerships across the country.
The company has 17 outlets of pre-owned cars — Chevrolet-OK — and plans to increase that to 50 by the end of this year.
Now, the company is working on extending the business to all its existing dealerships that have been dealing only with new vehicles so far.
“We started the pre-owned cars outlets in March-April and already it has started to show results. Last month, we exchanged over 100 cars through these and we hope it will continue to grow in numbers," General Motors India president and managing director Karl Slym told PTI.
“We currently have 203 dealers across the country and our plan is to increase that to 260 by the end of 2009. In line with this, we are also looking to take the pre-owned cars outlets to all our dealerships," Slym said.
He, however, did not give any time-frame for undertaking this operation.
The company had in June announced extension of its 3-year or one lakh km warranty scheme to used-car owners. The cars offered through these outlets go through a 110-point checklist by GM India trained engineers, besides a detailed history check.