Gm Dealers Prepare For Legal Recourse Over Measly Compensation
By Team Legistify / 2017-06-10

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The Dealers of General Motors , which has decided to stop selling vehicles in India by year-end, are gearing up to drag the auto major to court while also exploring possibility of a class action suit in the US, over "measly" compensation.

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

Moreover, they also said there would be job losses of around 9,500 due to closure of showrooms and service outlets.

The dealers also warned that existing car owners of the company will face service issues as many of them are unwilling to continue providing only after sales service after GM exits from the Indian market.

Confirming plans by dealers of GM India to drag the company to court, Federation of Automobile Dealers Association (FADA) President John Paul Kuttukaran told that around 50 of them have approached the apex body of automobile dealers seeking support.

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