The average profit per vehicle sold is down 23% and cars are taking 30 days to sell.

Has Transaction Capital’s WeBuyCars run out of growth? - Moneyweb

The stock is down nearly 80% so far this year as it struggles with a massive debt burden.

Transaction Capital’s share price jumps on possible WeBuyCars listing - Moneyweb

Transaction Capital, which owns about 74.2% of WeBuyCars, is looking at options to reduce its enormous debt pile so unbundling its shareholding in the second-hand vehicle trader could help it raise much-needed capital.

WeBuyCars considers separate JSE listing | Business

An overview of the biggest business developments in SA and beyond.

Business brief | WeBuyCars owner hit by loss of more than R700m. US backlash against Shein | Business

Transaction Capital, owner of WeBuyCars and SA Taxi, will swing to a headline loss of more than R700m in the year to end-September and has stopped financing new taxis.

Transaction Capital stops financing new taxis

We may earn a commission from links on this page. This one comes from Yahoo Finance via GoBankingRates, in what I believe is a veiled effort to convince buyers away from many of these models that ...

Experts Say You Shouldn't Buy These Sports Cars, But They're All Wrong

Hexham Barca Football Team, proudly supported by local business 'We Buy Cars Hexham', celebrated the season's first victory.

We Buy Cars Hexham sponsors Hexham Barca Football Team

An inquiry into the vehicle was conducted by the officers and it was discovered that the vehicle had been hijacked at WeBuyCars in Centurion and was sought as per an Olievenhoutbosch SAPS case. An XBlow P9 blank gun suspected to have been used in the ...

Two suspects arrested in possession of a hijacked vehicle in Parktown

Modern electric cars are more than just lifeless econoboxes. The quickest and most powerful EVs on sale right now can put up similar numbers to gas powered cars, even when it comes to lateral ...

Fastest Electric Cars for 2023 & 2024, Ranked

Main theme: This week our panel gives their first impressions of the redesigned 2024 Ford Mustang. This long-serving pony car is entering its seventh generation, with a reshaped body, reworked ...

Talking Cars 430: Driving the 2024 Ford Mustang Dark Horse

Subscribe to our Blind-Spot Monitor newsletters to catch up on all the top automotive stories of the week SIGN UP NOW Subscribe to our newsletters to catch up on all the top automotive stories of ...

Motor Mouth: We’re spending way too much on cars

In the run-up to Mecum's huge Dallas auction this past September 20-23, we published a story that introduced you to the top 10 muscle car lots that were up for bid at the auction. These cars were ...

See How Wrong (or Right) We Were About These Mecum Muscle Cars!

While Lamborghini sports cars are the exotic car make most commonly invoked in crypto, the world’s leading luxury automotive brand is now directly courting HODLers in the U.S. Ferrari, the luxury Italian automaker, is now allowing Americans to buy their ...

Lambo Who? You Can Now Buy a Ferrari With Bitcoin

South Africa’s retail motor industry is facing several challenges that could see the loss of thousands of jobs.

One of South Africa’s biggest employers forced to cut staff

A big, new electric SUV is on the way — and it’s called the Kia EV9. Kia’s highly anticipated line topper will be big and spacious, offer a solid electric range, and will come at a lower ...

The Kia EV9 is coming, but you should wait to buy one. Here’s why

1. The Wicker 1964Elevated view of The Wicker, Sheffield, in 1964, taken from the Wicker Arches and looking towards Lady's Bridge, showing businesses including The Viaduct pub and Bentley Brothers ...

Sheffield retro: 19 nostalgic photos showing the cars we drove in the 1960s and 1970s

Most significant changes: There are a few minor changes to the Kia Telluride for 2024. Amber LED daytime running lights — a signature feature through 2022 — make a comeback, and the more ...

Kia Telluride: Which Should You Buy, 2023 or 2024?

With the festive season knocking on doors, the Indian car market is witnessing the launch of various special edition cars. Right ahead of the start of this year's festive season, several automakers including Jeep, Skoda, Renault, Nissan, Audi, MG and ...

Are special edition cars really exclusive or just marketing gimmicks?

Residents living in a US town which has banned cars completely say they couldn't be happier. In the outskirts of Phoenix, Arizona - often labelled America’s least sustainable city - people ...

'Our town has banned cars and we couldn't be happier'

Ford is recalling over 238,000 Explorer SUVs from the 2020 through 2022 model years because a faulty part could cause the driveshaft to disconnect. If this happens while the vehicle is parked ...

Ford Explorer SUVs Recalled for Rollaway Risk

The 2024 BMW X2 is larger than the outgoing model, adding some rear seat room, a longer wheelbase, and a significant increase in cargo space. The boost in size also contributes to a beefier look ...

Preview: Redesigned 2024 BMW X2 Grows Larger and Gains More Tech

A NIFTY We Buy Any Car trick means you could get more money for your motor – and you don’t need to do very much at all. Thanks to their eye-catching adverts and incessant jingle, We Buy Any ...

We Buy Any Car trick that gets you more money for your motor – don’t miss out

“That will be the only way to ease this burden on the economy. And we don’t foresee that in the near future.” WeBuyCars CEO and co-founder Faan van der Walt also recently spoke about the challenges the industry faces. Van der Walt said the business ...

Bad news for one of South Africa’s largest employers

A significant change may be dawning in the way Americans have bought houses for more than a century, a model whose hometown is Chicago. The change could lead to slightly lower home prices, as ...

Big brokerages may upend the century-old way we buy homes

WeBuyCars

WeBuyCars is SA’s No. 1 Car Buying Service. Whether you're buying or selling a vehicle, WeBuyCars allows you to do so in the most efficient and convenient way possible. Visit www.WeBuyCars.co.za or any of our nationwide branches today. See Less

WEBUYCARS

webuycars.co.za

3,283 emps

Since 2001

Worth 1.2B

WeBuyCars's latest news & mentions

Has Transaction Capital’s WeBuyCars run out of growth? - Moneyweb

Transaction Capital’s share price jumps on possible WeBuyCars listing - Moneyweb

WeBuyCars considers separate JSE listing | Business

Business brief | WeBuyCars owner hit by loss of more than R700m. US backlash against Shein | Business

Transaction Capital stops financing new taxis

Experts Say You Shouldn't Buy These Sports Cars, But They're All Wrong

We Buy Cars Hexham sponsors Hexham Barca Football Team

Two suspects arrested in possession of a hijacked vehicle in Parktown

Fastest Electric Cars for 2023 & 2024, Ranked

Talking Cars 430: Driving the 2024 Ford Mustang Dark Horse

Motor Mouth: We’re spending way too much on cars

See How Wrong (or Right) We Were About These Mecum Muscle Cars!

Lambo Who? You Can Now Buy a Ferrari With Bitcoin

One of South Africa’s biggest employers forced to cut staff

The Kia EV9 is coming, but you should wait to buy one. Here’s why

Sheffield retro: 19 nostalgic photos showing the cars we drove in the 1960s and 1970s

Kia Telluride: Which Should You Buy, 2023 or 2024?

Are special edition cars really exclusive or just marketing gimmicks?

'Our town has banned cars and we couldn't be happier'

Ford Explorer SUVs Recalled for Rollaway Risk

Preview: Redesigned 2024 BMW X2 Grows Larger and Gains More Tech

We Buy Any Car trick that gets you more money for your motor – don’t miss out

Bad news for one of South Africa’s largest employers

Big brokerages may upend the century-old way we buy homes

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