New Firm Formed to Take Over Bigmotor's Operations
Tokyo, May 1 (Jiji Press)--A new company called Wecars Co. was formed Wednesday to take over operations at Bigmotor Co., a scandal-tainted Japanese used car dealer, trading house Itochu Corp., one of the new firm's shareholders, said.
Itochu, subsidiary Itochu Enex Co. and investment fund J-Will Partners Co. invested 40 billion yen together in the new company.
(2024/05/01-14:22)
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