eBay has added another contributor to the eBay motors marketplace
I wonder how many independent dealers will remain on eBay with this kind of competition?
ReutersDETROIT — Chrysler said Thursday it would list its used car inventory on eBay, following a pioneering partnership between General Motors (GM) and the online auctioneer announced early this year.
Chrysler plans to market more than 15,000 certified pre-owned vehicles of its Chrysler, Jeep and Dodge brands on the eBay Motors site, the automaker said.
The agreement follows GM’s program announced in February to list the inventory of certified pre-owned cars at about 3,900 GM-affiliated U.S. dealers on eBay. GM said Thursday that its listings are now live on eBay.
Automakers increasingly have focused on selling used vehicles amid a deep slump in new car sales. U.S. auto sales are expected to drop to near 15 million units in 2008 and is tracking at a decade low so far this year.
The struggling no. 3 U.S. automaker sold more than 122,000 certified used cars in 2007, up 5% from a year earlier. Chrysler’s used car sales are up 8% so far this year, while new vehicle sales have dropped more than 20%, hit by tumbling demand for gas-guzzling trucks and SUVs.