In exit mode, GM India clears inventory

At present, around 20 dealers have an inventory of 800-1,000 cars, said a source

With less than three months before US car-major General Motors (GM) drives out of India, it has cleared inventory. 

Dealers, however, are sitting on an unsold inventory of around 800-1,000 vehicles. They are betting on the festive season for a bailout. 

In May, GM announced that it would stop selling cars in the domestic market by December 2017 and would use its local manufacturing base at Talegaon near Pune to focus on export markets. There were around 96 dealers then who were running 120 sales outlets across India.