WeBuyCars drives interim earnings at Transaction Capital
Company increases dividend by 74% as headline earnings at car trader more than doubles in the six months to end-March
18 May 2022 - 12:58
Transaction Capital is looking to gain market share in the second-hand passenger car market by opening up more physical branches and leveraging its e-commerce platform to boost sales.
CEO David Hurwitz told Business Day in an interview on Wednesday that its popular WeBuyCars brand aims to buy and sell 15,000 cars a month over the next 12 months by opening branches in areas such as Polokwane in Limpopo and Mbombela in Mpumalanga where it is currently not represented...
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