Parsoli Motors has been opposing the recovery proceedings saying that BMW, for which it used to hold exclusive sales rights for Gujarat till 2013, had fraudulently allowed other players to sell vehicles in Gujarat after 2014.
Competition Commission of India (CCI) has said that as BMW has a negligible share in the passenger car segment in India, hence the question of abuse of dominant position did not arise.
BMW has inaugurated a new showroom in Rajkot taking the total number of dealerships to 38 in India
Talha Sareshwala started as a broker, but then spotted an opportunity in the luxury car business in Gujarat. In five years, his dealership has grown 10 times.
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