New Delhi: Dealers of General Motors Co. (GM) will seek intervention of the Prime Minister’s Office (PMO) over alleged “cheating and misleading” by the US automaker which will stop selling vehicles in India by the year-end. A delegation of dealers led by industry body Federation of Automobile Dealers Associations (FADA) will meet minister of state in PMO Jitendra Singh to discuss the matter. “A delegation of GM India dealers led by FADA will highlight how they have been cheated and misled to believe that GM was making huge investments in India in the meeting with the minister on Monday,” FADA president John Paul Kuttukaran told PTI. The company had said that the investments would result in launching a number of new models in India, he said. General Motors India, however, maintains that it was providing its dealer partners with a fair and transparent transition assistance package based on a methodology that is consistent across all dealers.

Source: Mint July 02, 2017 14:37 UTC