Hankook Tire Archives - Page 5 of 17 - Tyrepress

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Hankook exclusive tyre partner to Lamborghini Super Trofeo

If asked which tyres are worn by cars competing in Lamborghini Super Trofeo races, you may be tempted to name an Italian brand starting with ‘P’ – but you’d be wrong. As of the 2023 season, Hankook Tire is now official technical partner and exclusive tyre supplier to all three series of the one-make cup. It has also developed a new, high-performance race tyre for this engagement, the Hankook Ventus Race, a product specifically tailored to the Lamborghini Huracán Super Trofeo Evo2 racing car.

17th January 2023/by Stephen

Williams heading Hankook Tire America – 4 promoted

Career Tracks, International News

Rob Williams is heading Hankook Tire’s business in North America as the new President of Hankook Tire America Corp. His colleague Jong Jin (JJ) Park has been promoted to the role of Vice-President of USA PC/LT Sales, while Intae (Ted) Choi has become Vice President of North American Marketing Strategy, and Byoungjoe (Joe) Park has been named Vice President of Corporate Management.

12th January 2023/by Stephen

Hankook begins Mono Mars Formula E partnership

Company News, Motorsport

Mono Mars is, I am told, a virtual influencer inspired by Mars exploration rovers. His quest to go to Mars has helped Mono Mars gain more than 115,000 followers, and Hankook Tire has now joined up with this Red Planet-obsessed robot to reach out to motorsports fans as part of its Formula E partnership.

11th January 2023/by Stephen

Prepared & ready: Hankook awaits Formula E race debut

Hankook Tire, new official technical partner and tyre supplier of the ABB FIA Formula E World Championship and title sponsor of the current season’s opening race, says it is “prepared and ready” for its engagement in the all-electric race series. The Hankook Mexico City E-Prix takes place on 14 January and is the first of eleven race weekends around the world this year that will host a total of 16 races.

10th January 2023/by Stephen

Hankook tyres for Nissan X-Trail

It has supplied original equipment tyres to the US version of the Nissan X-Trail for more than a decade, and now Hankook Tire is additionally equipping this model in international markets. The SUV will wear Hankook Ventus S1 evo3 tyres in size 235/55R 19V.

3rd January 2023/by Stephen

US launch for EV-focused Hankook iON

International News, Product News

According to the recent Hankook Tire Gauge Index, a survey of Americans’ driving habits, 46 per cent of Americans plan to purchase or lease an electric vehicle (EV) within the next five years. Therefore, the arrival of Hankook’s EV-specific iON brand across the pond is timely. Catering to local preferences, the Hankook iON range for the USA has a strong all-season flavour, and the tyre maker has introduced two lines – the iON evo AS and iON evo AS SUV.

22nd December 2022/by Stephen

Hankook iON race to debut at Essen Motor Show

Motorsport, Product News

The public launch of the new Hankook iON race will take place at the Essen Motor Show early next month, ahead of the tyre’s competitive debut at the Mexico City E-Prix on 14 January 2023. Hankook Tire is an exclusive technical partner and tyre supplier to Formula E and has developed a tyre specifically for the series that contains around 30 per cent sustainable materials.

23rd November 2022/by Stephen

IPO for Hankook subsidiary Model Solution

International News

Last week, a subsidiary of tyre maker Hankook & Company Group (formerly Hankook Tire Group) became the first Korean prototype company to be listed on the KOSDAQ technology index. Model Solution joined the index with a final issue price of KRW 27,000 (£16.71), which was at the upper end of the announced price range.

19th October 2022/by Stephen

Hankook Tire launches clothing line with fashion brand Handsome

Company News, International News

Hankook Tire correctly observes that a cross-industry collaboration between a tyre company and fashion brand “piques curiosity” as these businesses “seem to have less or no connection at all.” But a lack of relatedness hasn’t stopped such an unlikely pairing from becoming reality: Hankook is launching apparel in collaboration with South Korean fashion company Handsome.

18th October 2022/by Stephen

Hankook iON truck/bus range coming to Europe

International News, Product News

The iON name is one we’ve recently become acquainted with on Hankook car tyres. With the launch of the iON Evo and iON winter, Hankook Tire has a range of summer and winter tyres specifically aimed at electric vehicles. The South Korean tyre maker is now launching a series of iON truck and bus tyres in its domestic market, and this is worth noting as Hankook says some of these products are being developed with European markets in mind.

17th October 2022/by Stephen

Funding issue cuts short W Series season

The final three races of this year’s W Series season have been cancelled due to financial reasons, shares organiser W Series Limited. This means the races in the Hankook Tire sponsored, all-female championship that were scheduled to take place at Circuit of The Americas, USA on 21 and 22 October and the double-header at Autódromo Hermanos, Mexico on 28 to 30 October will not go ahead.

11th October 2022/by Stephen

Winter i*cept RS3 – Hankook launches latest generation winter tyre

With the promise of shorter braking distances on snow-covered surfaces and improved handling on icy and wet roads, Hankook Tire has introduced the Hankook Winter i*cept RS3. It says this “enhanced successor to the multiple award-winning Winter i*cept RS2” uses the latest technologies to surpass its predecessor and “offer even greater levels of safety in everyday life.”

5th September 2022/by Stephen

Hankook Tire investing $1.6 billion in Clarksville USA factory

Company News, International News

Hankook Tire is set to invest US$1.6 billion in the expansion of its Clarksville, Tennessee tyre factory. The investment includes the previously announced Phase 2 expansion, which will increase Hankook’s capacity to produce passenger car and light truck (PC/LT) tyres twofold as well as a Phase 3 expansion, which will enable the company to begin producing truck bus and radial (TBR) tyres in the United States. The company estimates that the addition of the Phase 3 expansion project will create an additional 400 jobs in the Clarksville region, for a total of 1,200 new positions.

30th August 2022/by Chris

Hankook announces Q2 2022 results

During the second quarter of 2022, Hankook Tire grew its sales by 12.9 per cent year-on-year to KRW 2,039.9 billion (£1.3 billion). Operating profit, squeezed by world events, rising raw material costs and inflation, shrank 6.3 per cent year-on-year to KRW 175.2 billion (£109.9 million). This result nonetheless represented a 39.0 per cent increase compared with the operating profit of KRW 126.0 billion (£79.0 million) achieved in Q1 2022. Hankook attributes this quarter-on-quarter improvement to a growing share of sales attributable to high-value-added products as well as effective pricing strategies.

4th August 2022/by Stephen

Hankook OE on Audi Q4 e-tron & Q4 Sportback e-tron

Hankook Tire has expanded the portfolio of original equipment products it supplies to electric vehicles with tyres for two new Audi models, the Q4 e-tron and Q4 Sportback e-tron. These compact SUVs will leave the factory on Hankook Ventus S1 evo 3 ev tyres. Depending on model and equipment level, Audi will fit the Hankook tyre in 19- to 21-inch dimensions.

14th July 2022/by Stephen