pre-owned vehicles tagged posts

GM India to enter used car business

You should soon be able to buy certified, pre-owned cars from General Motors dealerships in the country. These cars are likely to come with a limited warranty

Everybody from Maruti to Mercedes-Benz has already gotten into the used car business, so why not General Motors. Indeed, General Motors India (GMI) is now in the process of figuring out how it can take a slice of the lucrative used car business in the country.

Ankush Arora, GMI vice-president – sales and marketing, says the company will roll out its user car business strategy in the next few months. This, apparently, would be to make sure there’s no slowdown in the company’s sales growth. At 71%, GMI posted the highest growth in the Indian car industry in FY08.

In all likelihood, GMI’s used car model will involve its dealership...

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