Elliott calls on Scout24 to sell auto listings unit

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The US activist hedge fund Elliott called on Germany's classifieds group Scout24 to sell its vehicle listings business and increase a share buyback programme to bolster investor returns.
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Mon, 05 Aug 2019 11:01:35 GMT

Japanese cars sales in South Korea drop in July

On Monday, the South Korean industry data showed that sales of the Japanese car brands, such as Toyota Motor and Honda, dropped 32% and 34% respectively in July due to severing ties between two Asian countries.

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