In Latin America, the multinational Tire Group International (TGI) has already opened sales offices in Argentina and Panama.
The company, which distributes more than 40 tire brands, including its own private Astro, Cosmo, Industar, Moon and Orion brands, has announced it will open an office in Managua, Nicaragua.
According to Tirebusiness.com, the senior vice president of business development for TGI, Orlando Delgado, said: "As part of an ongoing marketing strategy, Nicaragua is the next country where we will build a strong presence that will greatly enhance the TGI scope through our wide range of brands and segments."