Kumho Tire quality problems caused by the storm is clearly not over, especially for many Kumho tire dealers, tire caused a large backlog of capital chain tension began to focus there. Yesterday, the Shanghai Automotive Parts Circulating Tire Industry Association Branch revealed that dozens of tire dealers in Shanghai a backlog of more than 50,000 Kumho Tire, because almost no consumers to buy Kumho Tire, the dealer may not be able to recover thousands of yuan in cash , the Association will represent Shanghai Kumho tire sales business area to be an explanation.

    Tens of millions of dealer inventory

    "Our warehouse stockpiled at least 8000 Kumho Tire, involving an amount of up to 300 million yuan." Yesterday, a large tire dealer in Shanghai to the reporter disclosed that the business accounts for Kumho Tire Company's business volume the ratio exceeds 50%, from March, the company Kumho Tire sales to fall to single digits, the company faced serious losses, tire storage, logistics, personnel costs and so difficult to digest. And another two dealers Kumho Tire, said the company stocks more than 2,000 tires Kumho, Kumho Tire problems after the incident, a large number of retailers to return the tires, but as a management buyout of the two distributors are not up a dealer or manufacturer returned more than 2,000 tires that has become difficult to digest inventory.

    A large backlog of Kumho Tire has become a nightmare in Shanghai dealers, distributors related to this in Shanghai more than 20 involving the tires 50000, funding thousands of yuan. Yesterday, the Shanghai Automotive Parts Circulating Tire Industry Association branch in charge said to reporters, the association has completed a thorough investigation under the dealers, the issue in the Kumho Tire companies reacted strongly to the hope that aspects of communication associations to help solve the inventory and Kumho problem. "Even if the loss of a number also, but still hopes to return to promote Kumho area." Kumho Tire One dealer told reporters that the company's backlog of 10 million tires, this part of the tire sales prospects rather slim. Most tire dealers small scale enterprises, funds are tight, if we can return the tires business, even if 80% of the cost back very satisfied. To get rid of these stocks, the company will not sell Kumho product.

    Distributors and manufacturers at a disadvantage compared to

    A dealer said, Kumho dealers have been given a number of ways to comfort emotional aftermath, such as reducing dealers in May and June's sales targets, while giving one to two percentage points more than the rebate. However, these programs obviously can not make up for dealers in the event of loss, Hangzhou tire dealer has been asked to return inventory, Kumho area required for compensation. Shanghai Automotive Parts Circulating Tire Industry Association branch, said most of the demands of Shanghai dealer is returned. "Kumho incident occurred nearly three months, dealers tolerance to the present, they are really desperate." A dealer told reporters, distributors and co-signed by the Kumho Tire Kumho developed areas, dealers almost no words right. In the capital, from the surface, the dealer is just the backlog of funds to buy tires, but in reality there are many dealers promotional subsidies, rebates did not recover at the factory, there is no written proof of these funds, only oral commitment, dealers worried about a large number of stocks can not be disposed of on the one hand, on the other hand worries once annoyed Kumho, money can not be fully recovered.

    While Kumho Tire recall several batches of public products, but most dealers do not stock in them. A dealer told reporters that the recall of tires Kumho production date most of the time period in its factory maintenance, so the very limited number of recalled tires. The company is in the "not recall" list of reason to refuse returns. "Kumho Tire's quality problems began after the exposure concentration in this outbreak, in fact, as a distributor, we know the quality is relatively poor." Shanghai Automotive Parts Circulating branch of a president of Tire Industry Association, told reporters, as Kumho tires cheap, many car companies would choose to support their products. "This issue involves a wide range of tires, is the association's efforts to solve the first problem.

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