subject: Ford to step into used-car market soon [print this page] The all time rival of Ford, General Motors has also found the same opportunity for the used car market and that is why General Motors is also preparing for a wide expansion drive in the coming few years. According to P Balendran, company's vice-president for corporate affairs, the company is ready to increase the total Chevvy OK outlets to 70 from the current 45. Balendran also explained the reasons why used-car space makes sense. He said that, at the first place, it provides additional revenue to the dealers. Secondly, it gives extra volumes and thirdly, it enriches the image of the corporate.
