General Motors dealers stages protest over decision of quitting Indian Market by the company

 Dealers of General Motors, which has decided to stop selling vehicles in India by the end of the year, staged a protest  at Jantar Mantar on Tuesday to protest against the American automaker.

Several  General Motors 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.

Anguished by the decision of General Motors India to quit the domestic market without keeping their long standing dealers in the loop, we have been forced to do this,” Federation of Automobile Dealers Associations (FADA) president John Paul Kuttukaran said. FADA, the apex body of automobile dealers in the country, has received permission from the authorities concerned to stage a peaceful protest at Jantar Mantar, he added.