GM dealers to protest today

New Delhi, June 26 

Dealers of General Motors, which has decided to stop selling vehicles in India by the year-end, will demonstrate at Jantar Mantar tomorrow to protest against the American automaker.

A majority of General Motors’ 96 dealers, which operate around 140 showrooms across India, are unhappy with the company’s offer of just around 12% of total investments they have made, as compensation.

“Never before have automobile dealers resorted to a ‘dharna’ as a method of protest. But anguished by the decision of GM India to quit the domestic market without keeping their long standing dealers in the loop, we have been forced to do this,” FADA president John Paul Kuttukaran said.

Federation of Automobile Dealers Associations (FADA), the apex body of automobile dealers in the country, has received permission from the authorities concerned to stage a peaceful ‘dharna’ at Jantar Mantar, he added.

“GM dealers and their employees would be sitting on ‘dharna’ to draw attention of the ministries concerned to the plight of the dealers and loss of over 15,000 jobs,” Kuttukaran said. — PTI