Linglong to Sign Deal With Sunset to Jack Up Market Share in Brazil, Paraguay
Shandong Linglong Tire will sign a cooperation agreement with well-known local tire dealer Sunset to jack up the market share of its tires in Brazil and Paraguay.
The company plans to sign the contract with Sunset in Sao Paulo, Brazil on Oct. 12, the tire maker headquartered in China’s eastern Shandong province announced yesterday.
Sunset, based in Ciudad del Este, Paraguay, will buy over USD300 million in products from Linglong from next year to 2021, and the amount Sunset imports into Brazil and Paraguay from Linglong eachyear must exceed 10 percent of the total number of its tires bought from China, per the agreement.
Sunset also pledges to open at least 30 stores selling Linglong tires and 60 Linglong-branded tire outlets in major cities in Brazil and Paraguay, including their capitals, within the next three years, with at least five outlets selling the company's tires and 20 Linglong marquee stores added per year and to promote the company’s products in the two countries.
The parties will subsequently negotiate details on sharing the cost of opening stores and means of settlement, the announcement added. (www.chinatrucks.com)
Views:0
Submit Your Requirements, We Are Always At Your Service.
- Linglong Brings RIDGE CLIMBER X/T to SEMA SHOW 2023 2023-12-07
- Linglong’s Seventh Domestic Plant to Break Ground in April 2023 2023-01-11
- Linglong's Brand Value Increased to Nearly 60 Billion 2021-07-08
- Linglong Listed on Top 10 Most ValuableTires in the World 2021-05-26
- Mayor of Zrenjanin in Serbia and Linglong Employees Jointly Do Tree Planting 2021-05-22
- Linglong Tire Ushered in New Progress in Uzbekistan Technical Service Project 2021-01-06
- Linglong Tire Ushered in New Progress in Uzbekistan Technical Service Project 2020-11-26
- Linglong Unveils "Bio-based Rubber" Tires 2020-10-21
- Linglong Tire Remains as Sleeve Sponsor of VfL Wolfsburg 2020-09-17
- Linglong’s Brand Value Surpassed 50 Billion RMB 2020-08-06
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- Indonesia’s State-led Firm Set to Purchase 320,000 Vehicles
- SANY Truck and Pony.ai to Mass-Produce Gen-4 Autonomous Trucks in 2026
- FOTON Boosts Local Manufacturing in South Africa
- Office Closure for National Day Holiday
- FORLAND Rolls Out Its 6.8 Millionth Vehicle
- China Heavy Truck Sales Fall to 73,600 Units in February
- China’s Medium-Duty Truck Sales Fall to 8,125 Units in February, 2026
- China’s February Light Truck Sales Fall 23% to 117,200 Units
- China’s Mini Truck Sales Rise 15% in February to 41,500 Units
- China’s Light Truck Market Rises 8% in January 2026 to 323,500 units
- China’s Pickup Sales Reach Five-Year January High as Market Momentum Builds
- Heavy Truck Sales Soar 46% to 105,400 Units in January 2026
- January Medium Truck Sales Hit 14,100, Up 33%
- China’s Truck Exports Top 1 Million Units for the First Time in 2025
- China Tractor Truck Sales Up 54% in Dec., 2025 Full-Year Sales 460,000 Units
