At eBay, Showrooms Push Aside Yard Sales
…In July, eBay reported that sales in its core shopping business fell 14 percent, to $1.3 billion, in the second quarter. While e-commerce continues to feel the impact from the slowdown in consumer spending, analysts said the slide appeared to be nearing its bottom.
In the case of GM, eBay will play the role not of a retailer, but of a liquidator. “A big part of the focus will be helping dealers clear inventory from their lot,” says Rob Chesney, vice-president of eBay Motors. All of the cars listed on gm.ebay.com are new, but many are 2008 and 2009 models that have been passed over for the 2010 arrivals…
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