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Majority of dealers have accepted transition package: GM India

Press Trust of India  |  New Delhi 

today said 96 per cent of its dealer partners have accepted its transition assistance package which will allow it to offer after-sales support even as it pulls the plug on domestic operations by year-end.

"The overwhelming majority - 96 per cent of dealer partners - have already accepted GM India's Transition Assistance Package," GM President and Managing Director, Kaher Kazem said in a statement.

The company continues to work with its dealer partners to sustain an appropriate service and repair network for Chevrolet customers in India, he added.

The customer support centre will remain open and all warranties and service agreements, as well as ongoing service and parts requirements for all vehicles, will continue to be honored, Kazem said.

The company has around 140 dealers in the country.

Earlier, unhappy with the terms of the package, the company's dealers had sought intervention.

Kazem said that throughout the transition period the company has been able to achieve significant progress in its export manufacturing plan.

"Over the past year, our exports have tripled and GM was the nation's fifth largest exporter of passenger vehicles in the first quarter of fiscal 2018," he added.

The company has achieved significant milestones in export manufacturing, including the launch of Beat sedan in Latin American markets and the start of engine and vehicle kit exports," Kazem said.

On May 18, GM abruptly announced that it would stop selling vehicles in India as there was no turnaround in its fortunes here even after struggling for over two decades to make a mark.

The company will now focus on exporting vehicles from its manufacturing plant at Talegaon in Maharashtra after it had stopped production at its first plant at Halol, Gujarat.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, August 11 2017. 20:22 IST