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Borneo Motors and union in mediation after proposed first-ever sales commission cut
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Toyota agent Borneo Motors is planning to cut commissions paid to its sales staff.
PHOTO: BORNEO MOTORS
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SINGAPORE - In what may be another sign that the motor trade is bracing for a tailspin, Toyota agent Borneo Motors is planning to cut commissions paid to its sales staff - the first time it is doing so.
According to sales executives who spoke on condition of anonymity, the Inchcape company is proposing to cut commissions by $100 to $350 per car. At the same time, it is looking to raise sales targets.
