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Bridgestone Wants to be ‘Most Profitable’ in Europe
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Hankook’s Indonesia Plant Ready to Roll
Hankook Tire’s $1.1 billion Indonesian manufacturing plant in Cikarang, West Java, is set to start operations next month, manufacturing product for export to the U.S. and Middle East.
According to the Jakarta Globe, Jae Bum Park, vice...
Hankook’s 2Q sales increase 18.5%
Hankook Tire Co. Ltd. posted net sales of more than 1.8 trillion won for the second quarter ended June 30, 2012. That compares to sales of more than 1.5 trillion won for the same period in 2012.
The company’s operating profit was 215.5...
Korean enterprises will use environmentally friendly tires to capture market
Expected since the second half, green tires will become the main direction of the domestic tire industry in South Korea.
December this year, energy consumption efficiency rating system will be implemented in South Korea obligations, the environmental...
Hankook to Supply Tires to Daimler
Hankook Tire will start supplying tires for German car manufacturer Daimler, according to a report in Handelsblatt.
“We want to enter the top group of the world’s leading tiremakers,” the newspaper quoted Jin-Wook Choi, head...
Hankook earns Ford’s World Excellence Award
Wayne, NJ – Hankook Tire was recently recognized with a World Excellence Award as an outstanding global supplier by the Ford Motor Company. The award honors suppliers that have aligned themselves with the values and operating practices...
Hankook Defines Plans for Indian Market
According to the Hindu Business Line, Hankook Tire Co. plans to sell 100,000 tires in India this fiscal year, reaching revenue of $10 million.
Last year, Hankook reportedly hit 50,000 tires, or $6 million in sales revenue, in India.
J.B. Park,...
Goodyear forecast annual tire sales of 2% down
Recently, a number of tire company released first-quarter earnings, including Goodyear Tire & Rubber Company in the first quarter sales of $ 5.5 billion, a record high. Remove the effects of currency, Goodyear single fetus in the first...
Multinational tire companies in the first quarter performance gains across the board
Recently, some prominent multinational tire companies announced their respective first-quarter sales, the overall rising trend.
Hankook Tire recently announced 2012 first quarter performance report shows that its global sales of a new $ 1.71...
Hankook to spin off tyre unit
Seoul – Hankook Tire is to be split off as a separate tyre business from the rest of Hankook’s operations – mainly investment activities. A Korean-language filing on the Korea stock exchange dated 25 April sets out the plans.
The...
