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How General Motors can reduce exit pain

GM has to meet expectations of all stakeholders before stopping domestic sales in India

A majority of GM India's 96 dealers has opposed its offer of around 12 per cent of their investments as compensation
A majority of GM India’s 96 dealers has opposed its offer of around 12 per cent of their investments as compensation

The recent announcement by General Motors India to stop selling cars in the domestic market by the year-end has met with strident protests from its dealers. Given the scenario, the company has to avert the possibility of a messy exit by building consensus among all stakeholders.   A GM India spokesperson says the company’s decision to withdraw from domestic sales was based on its global business strategy. “GM is focused on strengthening our core business and investing to lead the future of personal mobility. This requires the company to take decisions on where we deploy ...