India’s pre-owned cars sales market is expected to reach 1.09 crore units with value more than doubling to USD 73 billion by FY28, according to the latest Indian Blue Book …
A new company called Wecars was formed Wednesday to take over operations at Bigmotor, a scandal-tainted Japanese used car dealer, trading house Itochu, one of the new firm’s shareholders, said. …
Fuelled by rising disposable incomes, an influx of new sport-utility vehicles, and attractive loan rates, India’s car market is racing ahead. India’s passenger vehicle sales surged past 4 million units …
The Financial Services Agency plans to revoke major used car dealer Bigmotor’s registration as an insurance agent on Nov. 30 following revelations about its fraudulent auto insurance claims, financial services …
Buying a second-hand car can be a cost-effective way to get on the road with a reliable vehicle, without having to spend a lot on a brand-new vehicle. However, if …
Sompo Japan Insurance President Giichi Shirakawa will step down to take responsibility for the handling of a high-profile insurance fraud involving Bigmotor, the insurer’s parent company said Friday. The major …
Amid growing public criticism, the chief of Bigmotor, one of Japan’s largest used car dealers, on Tuesday announced his intention to resign over wrongdoing by the company’s staffers. Bigmotor employees …