The unbundling of the company will help parent, Transaction Capital, pay some of its debts
Faan van der Walt says the used-car seller has a winning formula and can withstand future economic challenges
The service isn’t growing as it should because of the pandemic, rising unemployment, fewer visits to malls and more people working from home
Used vehicle prices soared amid supply-chain constraints, creating a boom that some experts have speculated may be about to go bust
The firm believes the second-hand vehicle business will thrive in a post-Covid world