Karooooo pulls on Carzuka’s reins
Group to end direct vehicle sales on its online platform to preserve dealership relationships
12 October 2023 - 08:38
UPDATED 12 October 2023 - 18:03
Karooooo will no longer buy second-hand vehicles in SA for its Carzuka online platform after consulting with dealerships who said the website was competing with their business.
“We maintain that the Carzuka business model is robust, but we do not want to risk the long-standing strategic relationships that Cartrack has forged with motor dealerships across SA,” the group said in a statement accompanying its results for the six months to end-August...
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