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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!

-2 ( +0 / -2 )

Buying it on the cheap. Smart.

-1 ( +1 / -2 )

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

3 ( +3 / -0 )

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.

0 ( +0 / -0 )

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.

2 ( +2 / -0 )

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