MARKET:CPC said Costco’s lone gas station will only service club members and poses little threat to its outlets, which offer vehicle maintenance, car wash and other services

Taiei Times
Date: Sep 24, 2016
By: Staff writer, with CNA

Costco Wholesale Corp’s plans to build a gas station in Taoyuan is unlikely to have any significant effect on other fuel suppliers in the local market, two Taiwanese companies said yesterday.

Lin Jung-lieh (林榮烈), the head of state-owned CPC Corp, Taiwan’s (CPC, 台灣中油) oil product marketing division, said that the US warehouse club’s announcement on Thursday said the new gas station in Taoyuan’s Jhongli District (中壢) would provide service only to Costco members.

Such a model is not likely to have much of an effect on the business of its state-run gas stations in Jhongli, Lin said.

In addition to selling fuel, CPC’s gas stations across the nation provide services such as vehicle maintenance, car wash and convenience store sales, which gives CPC an advantage over its newest competitor, he said.     [FULL  STORY]