In order to rebuild Big Motor’s administration, main buying and selling firm Itochu Corporation introduced that it has entered right into a contract with Big Motor to take over its essential enterprise.
According to the corporate, ITOCHU Corporation, its subsidiary power buying and selling firm Itochu Enex, and funding fund J-Will Partners will collectively set up a brand new firm within the second half of April that may start promoting used automobiles. We will take over Big Motor’s essential companies comparable to gross sales and car upkeep.
In a press release, ITOCHU Corporation stated, “We have decided that it’s doable to rebuild the enterprise and that there’s significance in our efforts.”