GM dealers fear loss of 15,000 jobs

New Delhi, June 27

Protesting dealers of General Motors, which is exiting the Indian market, today said around 15,000 people would lose jobs due to the auto major’s move and the government should intervene in the matter.

Terming the automaker’s decision to stop selling cars in India as “clearly thought out conspiracy”, the dealers along with their staff members also demanded adequate compensation from the company.

“This is a clear case of conspiracy. The company just kept us in dark while they planned to close operations in India,” a dealer, who has dealerships in Noida and Ghaziabad in Uttar Pradesh, alleged while protesting at Jantar Mantar here.

Around 40 dealers and their staff members today staged protest here against the company’s decision.

A dealer said the government gave all kinds of waivers to the company when it set up shops in the country and now when they are leaving like this, someone from the government should get hold of them.

There is a loss of around Rs 1,000 crore for the dealers and around 15,000 people employed at the facilities are going to lose their jobs so the government should intervene in the matter, he said. — PTI

Demand adequate compensation 

• Terming the automaker’s decision to stop selling cars in India as “clearly thought out conspiracy”, the dealers along with their staff members also demanded adequate compensation from the company