·Apollo and China Tire Company to carry out trade cooperation

Not long ago, the Apollo Group of India reached a cooperation with Shandong Weigel Group, a Chinese tire company.

Vishal, the purchasing director of the Apollo Group in China, visited the company and visited the production workshops in detail and conducted technical exchanges. The company's chairman Chen Zhiwei and general manager Wang Hongjun accompanied him.

The Apollo Group of India was established in 1972 and is one of the largest tire production and sales companies in India. Tire World Network called Weigel to understand that the company has reached a cooperation with Apollo, mainly to develop tire export channels.

According to the official website of Shandong Weigel Group, the company was established in 2002, located in Leling City, Shandong Province, with 600 employees and a registered capital of 235.88 million yuan, specializing in the production of automobile tires.

In 2009, Weigel invested 1 billion yuan to build an annual production of 1.2 million high-grade all-steel radial truck tire projects. In 2014, the company officially launched the green car radial tire production project.

It is understood that Weigel's tire products are mainly exported, but in 2015, the US “double-reverse” has had a significant impact on its export business. Among the 65 tire companies involved in Shandong Province, Weigel is listed.

After the "double opposition", the market once rumored that "Weiggle owes a lot of foreign debts, and wages can not be issued on time, not very good."

However, from the recent dynamics of Weigel, the company is still struggling to open up foreign markets. In September 2015, Weigel reached a cooperation with SUN GLOBAL, one of the largest tire sales groups in the Middle East. In November, it took the lead tire products to participate in the Las Vegas International Modified Cars and Accessories Exhibition (SEMA).

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