General Motors Company (NYSE: GM) announced Tuesday that it is launching CarBravo, an online used vehicle dealership.
The site is expected to launch in the spring, with GM saying it will give used vehicle customers access to an “expansive territory, an omnichannel shopping experience, and exclusive ownership benefits.”
As well as GM vehicles, the inventory will also include non-GM makes and models. CarBravo will see GM directly compete…………[read more]
Why haven’t other auto manufacturers gotten into the used car market? Why have the manufacturers left the used car market up to their dealer network, which is franchised businesses to sell the manufacturer’s vehicles? Do you think this is a smart move by GM, why?
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