Tong Yiou plans to sell card passenger car tires in China

Recently, it was learned through Iran to Europe (Toyo) tire is to communicate, or the latter will acquire through Iao truck and bus tires in China (TB) services and Shandong some large state-owned shares of listed companies in Qingdao.

Informed sources said that the two sides had already begun contact in August 2015. At present, all progress is still confidential, but preliminary results are expected in the near future.

According to informed sources, given the current status of Tongyi Euro Tire in China, this sale is in its best interest. At the same time, the businesses of both companies are located in Shandong Province, and it is not ruled out that there are government actions.

Tong Yiou's truck and passenger car tire manufacturing plant is located in Zhucheng, Shandong Province.

Have plans to sell early or

There are indications that Tongyi may have had plans to sell the tire business of Chinese trucks and buses.

Tire World Net learned that at the beginning of this year, Tong Yiou Shanghai Company told its salesman that it would make natural sales of big tires (cards and buses) and no need to communicate with customers. When Tong Yiou dismissed the marketing department of Zhucheng City last year, Fufu Xiudian, the head of his Chinese business, once said publicly that if the gross profit of the Zhucheng factory's products is lower than 10%, it will not be necessary.

Tong Yiou (Toyo) tires
Tong Yiou (Toyo) tires

In June of this year, Tong Yi, the chairman of Tong Yiou China, opened an internal business conference in Shanghai to publicly instruct the company to stop the development of the TB dealership and maintain the cooperation of the existing agency.

According to relevant news, TB Minister Tong Yiou Shanghai was particularly busy recently, traveling everywhere to send policies to customers, so that they buy more. In September, the price policy of Tong Yiou to agents dropped by 13% on the basis of August. This is a preferential policy that has never existed before. Earlier, the "Three Guarantees" charges Tong Yiou owed to the agents did not give for more than eight months, but they recently quietly returned to some agents.

All this may have shown that Tongouou is preparing to abandon the truck and bus tire market.

Tire World Net has obtained sales figures for Tongou since this year. From January to August, the total number of truck and car tires sold in the country was 39,021. In September, the total sales of five agents were 760. Last year, the company's truck and bus tires sold more than 10,000 per month.

Agency concerns

According to the analysis, the recent incidents of Tong Yiou's agent rights protection, which has made a lot of noises, are closely related to this matter.

According to the Tire World Network, after the dissolution of the former sales department of the Tongzhou-Europe Zhucheng factory, the sales department was integrated into Shanghai. At that time, the general manager of Shanghai company, Nozomi Fukuno, promised to all customers: After the merger, all trading conditions remained unchanged and all sales policies were packaged and transferred to Shanghai.

However, the fact is that after the integration of the organization, Tong Yiou's Shanghai policy has been completely changed, resulting in the total absence of its services and huge losses to the agents. Therefore, the agents have generated rights protection actions.

In the course of safeguarding their rights, the agents received news again and said that the Zhucheng factory will be sold to others. Combining all the rumors of Tongyue Tire's plans to sell factories before, they judged it to be true and were more worried.

What the agents are worried about is that after Tong Yiou sells the Zhucheng factories in Shandong, the service fees they have already paid to Tong Yiou and Tong Yiou owe their own money will not come back, but they still have to redeem them to customers.” Three Guarantees promised that this matter will not be solved in the future.

At present, the agency's rights protection action is still in progress.

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