Kumho: Vietnam Plant Sale Reports “Completely Wrong”

Kumho Europe representatives have quashed rumours that the South Korean tyre manufacturer is negotiating with Bridgestone over the sale of its new Vietnam factory. Wi Yun, Kumho Europe’s marketing manager, told Tyres & Accessories the suggestions published by Jaccar Investment are “a completely wrong statement.” Dismissing the report as “rumours” Wi added: “There have never been any negotiations nor discussion concerning this matter.”