Desperate transport operators sell vehicles below market value - News Summed Up

Desperate transport operators sell vehicles below market value


TO make ends meet, some bus and van operators have resorted to selling their assets. And I may have to sell more vehicles if the situation does not improve soon, ” he said. For some operators, selling their vehicles is tough because of low demand. “It is rare to see people selling buses as most are still trying to pay their loans, ” he said. Thiagarajan urged bus and van operators not to sell their vehicles at too low a price.


Source: The Star March 17, 2021 23:37 UTC



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