Toyo enters Malaysian fast-fit market as part of ‘aggressive’ retail strategy
Toyo Tire & Rubber has entered the franchise retail service centre business in Malaysia through its local subsidiary, Toyo Tyre Malaysia Sdn Bhd. The first Toyo Premium Auto Centre in the country recently opened in Malacca; Toyo says its Malaysian subsidiary is “pursuing an aggressive retail marketing strategy to expand its distribution network nationwide to meet the increasing demand for high performance and ultra high performance tyres.”