New Delhi, June 27: Dealers associated with General Motors India decided to protest the company’s decision to terminate the sale of their vehicles in the Indian market. A strike was launched by the dealers at 12:30 PM on Tuesday outside Jantar Mantar in the national capital.Also Read - Tata’s Smallest SUV Tata Punch (HBX) To Be Launched in India: Price, Features Revealed | Watch Video

In order to appease the 96-odd General Motor dealers in India, that run around 140 showrooms, the company offered to compensate 12 per cent of the total investments made. However, the dealers did not find the offer agreeable. Also Read - Viral Videos: Taliban Militants Ride in Bumper Cars With Guns, Have Fun at Kabul Amusement Park After Capturing Afghanistan | Watch

According to a report by the PTI, Federation of Automobile Dealers Associations president John Paul Kuttukaran was quoted as having said, “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.” Also Read - Electric Vehicles to be Exempted from Registration Certificate Fees in India | Latest News

He then added, “GM dealers and their employees would be sitting on dharna to draw the attention of the concerned ministries about the sad plight of the dealers and the loss of over 15,000 jobs.” Apart from the loss of 15,000 jobs, the decision also means tha customers would find it very difficult to access services.

Some dealers are contemplating whether to file class action suits against the company. The American auto manufacturers are however, firm on their decision and have explicitly stated that those who do not accept the company’s offer before July 15 will only receive 50 per cent of the sum and those who do not decide by September 15th will receive no compensation at all.