‘Manufacturers…Drive the Grey Market’

Almost six years to the day after the Levi versus Tesco ruling (see page three for more on this), Kumho UK managing director, Steve Tidmarsh, used his recent NTDA Tyre Wholesalers Group (TWG) speech to address the subject of grey importing in a refreshingly direct fashion. “The grey market,” he observed, “always seems to increase when supply rates are poor.” He continued: “For some reason this enrages wholesalers, but let us be fair, it is often exploited by them. However, to balance that, it is also right to state that it is the manufacturers who drive the grey market and currently with the weak US dollar products are a-plenty,” he explained.

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