GM to Sell New Cars, Trucks on eBay

Shoppers in California can expect to see selection of up to 20,000 new GM vehicles

General Motors and eBay announced on August 10 that the automaker will begin selling new cars and trucks on the online auction site. The program will initially involve 225 Chevrolet, Buick, GMC and Pontiac dealerships in California.

Customers will be able to "click and buy" vehicles online at the website gm.ebay.com from August 10 through September 8 after browsing through online showrooms, negotiating prices and arranging financing with dealerships.

"Shoppers can at any given time expect to see a wide selection of up to 20,000 new GM vehicles at very competitive prices," GM said.

EBay has offered mostly used cars through its popular eBay Motors site and GM is the first U.S. automaker to offer new vehicles online through eBay. Vehicles can be purchased through eBay's traditional "Buy It Now" format, in which shoppers agree to pay the advertised price, or through its "Best Offer" option, where buyers indicate the price they are willing to pay.

"With 12 million individual car shoppers visiting our site every month, eBay Motors has unique insight into how people prefer to buy their cars," said Rob Chesney, vice president, eBay Motors. "Through this program, we are helping GM dealers to extend their physical showroom while at the same time delivering to our buyers the great deals and broad selection they expect from eBay," he said.

Mark LaNeve, GM's vice president of U.S. sales, said the program was "reinventing the car-buying experience for our California customers.

"As the dealer showroom expands from the parking lot to the laptop, this makes it easier for a customer to browse available new-car inventory, make an offer, buy it now, or send a message asking for more information," he said.

GM's move targets a California market which is technology-savvy and where GM is seeking to recapture market share from Asian manufacturers.

Copyright Agence France-Presse, 2009

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