Tag: Hankook Tire

South Korean tyre makers report mixed performances

Posted on    

Amidst higher costs and lower demand, South Korea’s top three tyre manufacturers: Hankook Tire, Kumho Tire and Nexen Tire, have reported mixed financial performances in the third quarter. While Hankook and Kumho managed to post strong profits, Nexen struggled amid…

Read more →

Hankook Tire kicks off tyre circular economy consortium

Posted on    

South Korean tyre company Hankook Tire & Technology (Hankook Tire) hosted the official kick-off meeting for the ’Tire-to-Tire Circular Economy Model’ consortium recently in Daejeon, South Korea. Held at the Hankook Technodome, the event marked the start of the consortium’s…

Read more →

Hankook Tire to invest US$1.6 bn in US plant expansion

Posted on    

South Korean tyre maker Hankook Tire says that its board of directors has approved a US$1.6 billion investment to expand its Tennessee plant, located in Clarksville, Tenn. The investment includes the previously planned Phase 2 expansion that will double production capacity of Hankook’s passenger car and…

Read more →

Hankook Tire launches footwear made of recycled tyres

Posted on    

South Korean tyre company Hankook Tire has collaborated with shoes brand YASE to launch eco-friendly shoes made of recycled tyres. YASE is a leather shoes brand headquartered in Korea launched in 2013. Hankook Tire and YASE embarked on ‘ZERO – LEAVE…

Read more →

Hankook to supply OE to 2021 Chevvy Silverado, Sierra

Posted on    

Hankook Tire America Corp. (Hankook) has been selected to provide a new OE fitment to General Motors Co. 2021 Chevrolet Silverado and GMC Sierra 2500HD heavy-duty models. Hankook will supply the Silverado and Sierra pickup trucks with an 18-inch version…

Read more →