Hankook Tire’s American Sales up 30 per cent

Hankook Tire’s North American sales rose by 30 per cent in 2003 to close to 250 million US dollars. Sales were driven by increased demand for high performance tyres. In all Hankook’s exports climbed to 700 million US dollars, amounting to some 20 million tyres and a 59 per cent increase in sales of performance tyres.
The sales increase combined with increased prices helped improve the company’s bottom line more than doubling income for the first three quarters of 2003.