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Itochu plans to acquire scandal-hit used car dealer Bigmotor: sources


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good timing for Itochu, damaged assets that need new management!

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Buying it on the cheap. Smart.

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I hope they do not include the name Big Motor in their new venture, most people would not touch them with a dead rat.

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Initial reaction was, why they just don't bankrupt this mizerabble scam company and be done with it, however after reading this:

Itochu also plans to ensure that the founding family members of Bigmotor will not be involved in the business operations.

I really hope that together with the "Familly", they also fire ALL of the tenchos who were teaching the staff how to scam and abuse people. I really hope they do.

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BigMotor couldn't have have continued so much insurance fraud without a partner which turns out was Sompo Japan. Equally corrupt and criminal. Makes you question the whole used car sector and insurance as well.

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