Kumho Tire Sales up 34% in 2010

Preliminary annual figures released by Kumho Tire show a sizable increase in sales during 2010. The Korean tyre maker reports global sales of US$2.305 billion in its home market and export markets outside North America last year, a 36 per cent year-on-year increase. Sales within the North America region amounted to $770 million, up 29 per cent on 2009. Taken as a whole, Kumho Tire gives a preliminary figure of $3.075 billion for its global 2010 sales, a year-on-year increase of 34 per cent.