Japan's Itochu sets up new firm to take over scandal-hit Bigmotor

Itochu Corp. says that it and an investment fund have set up a new company to take over main operations of used car dealership Bigmotor Co., which had been mired in an insurance fraud scandal.

Related Keywords

Tokyo ,Japan ,Hiroyuki Kaneshige ,Shinjiro Tanaka ,Masatoshi Maki ,Tokyo Century Corp ,Balm Co ,Yanase Co ,Wecars Co ,Consumer Affairs Agency ,Itochu ,Itochu Enex Co ,Supreme Public Prosecutors Office ,Itochu Corp ,Bigmotor Co ,Itochu Enex ,J Will Partners ,Itochu Executive Officer Masatoshi Maki ,Tokyo Century ,Japan News ,Apan Itochu ,Apan Bigmotor ,Igmotor Scandal ,Tochu Scandal ,Sidecars ,