Articles about Webuycars

372 Volvo EX30 vehicles recalled in SA

The recall affects certain 2024 – 2026 EX30 single motor extended range and twin motor performance models.

WeBuyCars leverages tech but struggles with EV sales

The company uses artificial intelligence, machine learning and chatbots to boost operations, but sluggish electric vehicle demand continues to be a challenge.

WeBuyCars accelerates tech spend as revenue grows

The company reports another year of strong growth, with revenue up 13% to R26.4 billion and core headline earnings rising 15% to R937.6 million.

AI agents purchase 2 800 vehicles for WeBuyCars

As the vehicle trading platform positions AI as the cornerstone of its growth, it is autonomously buying cars without human pricing involved.

More companies use WeBuyCars, RTMC registration system

The online system has processed 7 051 online vehicle registrations and notice of change of ownership applications since inception in August 2023.

WeBuyCars lists on JSE

The motor vehicle sales marketplace lists on the Johannesburg bourse under the share code WBC.

AutoTrader sees uptick in online vehicle sales

The automotive marketplace records an 11% increase in online car shoppers so far this year.

SA consumers take to online bidding for vehicle sales

Used car online marketplace Weelee sees exponential growth as consumers increasingly opt for online bidding platforms for vehicle purchases.

WeBuyCars, RTMC in online vehicle registration drive

Dealerships and financial institutions can now register newly-purchased motor vehicles and change of ownership online.

Evolving consumer buying habits boost WeBuyCars

The online car retailer introduced business-to-consumer e-commerce capabilities earlier in the year and says the platform continues to show increasing uptake.

Netstar, WeBuyCars team up to boost vehicle safety

The online car-sales marketplace signs a partnership agreement with Netstar, to install its vehicle-tracking technology in pre-owned vehicles.

Transactional Capital begins WeBuyCars takeover discussions

The company says it is confident the online vehicle retailer will accelerate and support a sustainably higher growth trajectory for the group.