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Motor body raises concern on previously written-off cars ending up at dealership floors.

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GUEST - Jan Schoeman: CEO of Retail Motor Industry Organization (RMI)
T
he process of writing off cars deemed uneconomical to repair happens all the time in the South African automotive industry. Motor body, SAMBRA has raised concerns about the vehicles that are routinely written-off and sold within a salvage contract to auction yards.
Sambra says in many cases these vehicles are bought by dubious repairers and sold back into the system for a profit via digital sales platforms or used-car traders.
9 Jul 2024 3PM English South Africa Business News · Investing

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