The business rescue of Hendrik van Wyk Vervoer (HVWV) appears to have hit a quiet patch, with little visible progress months after creditors voted to place the once-prominent transporter under rescue.
In a new development, several trucks that were repossessed by Daimler Truck Financial Services before the start of the rescue process are now listed for sale at WM Auctions and Park Village Auctions. The vehicles, once a vital part of HVWV’s fleet, are being auctioned off as part of the financier’s recovery efforts.
The business rescue practitioner (BRP) was unable to secure the return of those trucks at the start of the rescue — a development that significantly impacts the company’s chances of resuming operations. Without key assets back in the fleet, restarting services becomes an uphill battle.
Repeated attempts to reach the BRP for comment on the current state of the rescue were unsuccessful. The lack of communication has left many questions unanswered, particularly about whether the company still has a path back to the road.
Read | HVWV Business Rescue Plan Approved – New Management Set to Take Over
Meanwhile, the human cost of the collapse continues to show. Drivers who once worked for HVWV say they remain unemployed, despite being told they might be recalled.
“We were told to wait for a call to come back to work, but that call never came,” one former driver told SA Trucker. “It’s been months now — we’re just sitting at home with no income.”
The auctioning of these trucks reinforces a broader reality in the transport sector — when financial institutions and OEMs move to protect their interests, the survival of a struggling business often becomes secondary. And for the workers who kept those trucks moving, the impact is deeply personal.
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