Rumours and speculation is something that is not true. The fact that A shandong company the day after they said this purchased 70% of Kion Hydraulics (Linde Hydraulics) and 25% of KION Group was not a rumour or speculation it was proven to be true. I don't know what forklift action asked KION but i could guess that is was something like. But i don't geuss i only say what i know is true.
Like i have said earlier the market is set to see a change that has not been seen since the Japanese companies started to come into the market in the 70's. This time it is the Chinese who are to enter the market.
A company that proves this fact is Clark. In the 60's and 70's Clark was a top global forklift manufacturer then came the Japanese into the US market mainly through Toyota Now 30 or 40 years down the line Toyota are the leading company and Clark are not in the top ten in fact they are number 14.
Each market has there own leading companies Europe you have Linde and Junghienrich with Toyota , North America you have Yale, Crown , Cat ,Toyota , Asia you have Mitsi ,Nissan , Komatsu. Now you have the Chinese looking to be part of this buy first buying the technology they need to compete with the top manufactures. Then buy offer this technology at a very competitive price with good service back up.
Clark now seem to be trying to fight back against Toyota with there court case against Toyota in the US , Wonder how this will work out it can't be good for either Clark or Toyota to have there dealer negotiations to come out in open court.
If it proven to be true that Toyota did put pressure on a dealer not to have a competitive brand even in a second company this would change the market and might even change Toyota dealer network. Would they go down the direct way that seems to fathered in Europe.
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