GM to sell New Cars on Ebay - What an Idea!!!!

Ever since Fritz Henderson has taken over the charge as the CEO of General Motors, he is engaged in getting and implementing innovative ways to bring up the sale of the GM cars. His only objective in this tough global economy is to sell the cars wherever possible and in what ever ways it can.

As part of its innovative strategy, General Motors Corp. said on Friday that GM is considering to experiment with auctioning new cars on eBay, expanding on an existing partnership covering certified used vehicles on the online marketplace.

GM CEO Fritz Henderson said the company is working on an "innovative new partnership" with eBay Inc. to let consumers in California bid on vehicles as they would in a normal eBay auction, or choose a "Buy it Now" option to purchase the car at a set price. Dealers would still distribute the cars.

A deal between eBay and GM is still under discussion and has not been materialized fully.

GM spokesman John McDonald said the company sees the sales of new cars on eBay as an experiment that builds upon the existing partnership in used vehicles. Certified preowned vehicles from GM, along with other carmakers, are currently offered for sale on eBay Motors, eBay's online auto marketplace.

GM is hoping to get the deal done with Ebay and start testing the new car sales on eBay in the "next couple of weeks."

Howeverm in a statement, eBay Motors vice president Rob Chesney said "at this time, no plans have been finalized with General Motors." Chesney also said eBay was "excited about a potential new adventure that supports GM's dealers by expanding on how they already reach consumers through new approaches."