General Motors India is considering expanding its used car market over five fold in 2009. The company will expand its used car dealership across India. Currently, Chevrolet OK (pre-owned outlet of GM) has 11 showrooms across the country which would be expanded to 50 in number this year.
These pre-owned cars will undergo a 110-point checklist and a detailed history check by certified and trained experts from GM India.
According to Karl Slym, GM India President and Managing Director, "We would be extending the same 3-year/one Lakh km warranty to used-car owners as well. Though we have not set target for used-cars, but the sale of used cars should not be less than 40 per cent of the new car sales at an outlet."
Besides the used car market, the company will also increase its new car dealership network to 250 from the current outlets count of 203 by 2009 end.
In the words of GM Group Vice-President Nick Reilly, "At present, we have 203 outlets across the country. We would cross the 250 mark by the end of this fiscal. Of these outlets, majority would come up in rural and semi urban areas."
He further added that focusing on the rural areas for the used car market in India will further help the company to strengthen its roots.