HANKOOK Tire Co Ltd it has begun supplying tyres to Daimler AG for the new Mercedes-Benz S-Class and E-Class sedans. The South Korean tyre manufacturer says that the contract with the luxury car maker is a big break for the company to expand further into the premium tyre market.
Currently the world’s seventh largest tyre maker, Hankook also lists Nissan Motor Co Ltd amongst its clientele, supplying tyres for the latter’s new Altima sedan.
Hankook also plans to expand its partnership with BMW to the 5-Series premium sedans and will supply tyres for Toyota Motor Corp’s new Corolla compact sedan.
The company also supplies to its other customers, including, Audi AG, Honda Motor Co Ltd, Volkswagen AG , General Motors Co, Ford Motor Co, Hyundai Motor Co and Kia Motors Corp.