JSE-listed used vehicle buyer and seller WeBuyCars has decided against selling new cars and has welcomed the strong growth in new vehicle sales driven largely by cheaper Chinese vehicle brands.
WeBuyCars chief marketing officer Rikus Blomerus tells Moneyweb the sale of new cars is not a direction the company is going in at this stage.
We still have to grow a lot more in the used market and focus on a lot of things in our current business operations - getting better and striving to be the best and so forth - before we pursue that, says Blomerus.
