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AJ Rentacar acquires Tirebay

[THE INVESTOR] AJ Rentacar announced on Oct. 14 that it has acquired tire retailer Tirebay and renamed it AJ Tirebay.

AJ Rentacar hopes to strengthen its presence in the aftersales market with the acquisition. In addition to car rental services, AJ Rentacar operates used car sales and maintenance services.

“The plan is to expand into general automotive parts in addition to tire-related parts,” AJ Tirebay chief Kim Sang-jun said. 

By Choi He-suk (