You are here: / Hankook

Posts

Hankook’s sales and operating profit increase in Q2

Hankook Tire’s 2021 Q2 financial results show consolidated global sales of KRW 1.806 trillion (EUR 1,336 million) and an operating profit reaching KRW 187 billion (EUR 138 million). Sales and operating profit rose 32.4 per cent and 167.1 per cent YoY and 11.7 per cent and 0.6 per cent QoQ respectively. In particular, sales of both original equipment (OE) tyres and replacement (RE) tyres grew compared to the same period last year. In addition, global sales of 18 inches and higher tyres accounted for 38 per cent of total passenger car and light truck tyre sales, a YoY increase of 5.4 percentage points.

Read more

Related news:

  1. More than half of Hankook global car tyre sales over 17”
  2. Hankook Tire’s Q1 figures show increased turnover and operating profit
  3. Hankook’s new European HQ
  4. Michelin top, Conti moves up to 3rd – all change at the top of the 2021 Leading Tyre Companies table
/by

Hankook Tire establishes ESG committee

Hankook Tire is introducing an ESG (Environment, Social, Governance) committee to strengthen its Board of Directors’ responsibility and activities in the area of sustainable management. The ESG committee will be responsible for consulting, deliberating, and recommending directions regarding environmental, social and governance businesses.

Read more

Related news:

  1. Hankook introduces AI for ‘smarter’ tyre inspection
  2. Hankook Tire CEO Cho receives suspended prison sentence
  3. Covid-19: Hankook pauses plant production
  4. Hankook partners with Tableau Software for next-gen business intelligence
/by

Hankook joins Australian ELT stewardship scheme

Hankook Tire & Technology Group is the latest tyre manufacturer to partner with Tyre Stewardship Australia (TSA), an organisation set up to promote the development of viable markets for end-of-life tyres, and as such is now contributing to the National Tyre Product Stewardship Scheme. The Korean tyre maker’s engagement lifts the number of participating tyre importers to nine; in addition to Hankook, Bridgestone, Continental, Goodyear & Dunlop, Kumho, Michelin, Pirelli, Toyo, Yokohama are involved with the scheme.

Read more

Related news:

  1. Tyre reuse & processing rate rising in Australia
  2. Hankook extends rugby league sponsorship in Australia
  3. Australian footballers training on UK ELT tyres recycled by Murfitts
  4. Australia set to ban waste tyre exports
/by

Covid-19: Hankook pauses plant production

Within the next few hours, production will recommence at Hankook Tire & Technology’s Geumsan plant in South Korea following a 48-hour pause that began on 24 July after a number of workers tested positive for Covid-19. Health authorities have set up a test centre at the plant and intend to test around 3,000 employees early this week.

Read more

Related news:

  1. Hankook Tire CEO Cho receives suspended prison sentence
  2. Hankook introduces AI for ‘smarter’ tyre inspection
  3. Earnings decrease, but larger tyre sizes grow in importance for Hankook Tire
  4. Hankook Tire signs MoU with leading Korean fleet management firm
/by

VW ID.4 to ride on Hankook tyres

Volkswagen

Hankook Tire confirms that its tyres will be original equipment on Volkswagen’s first all-electric SUV, the ID.4. The tyre maker will supply its Hankook Ventus S1 evo 3 ev in numerous sizes from the vehicle’s market launch. OEM fitment on the ID.4 follows the pairing of prototype Hankook Ventus S1 evo 3 ev tyres with the VW study ID. Crozz, the design of which the new ID.4 is based on.

Read more

Related news:

  1. Bridgestone Enliten technology gets premiere on Volkswagen ID.3
  2. Hankook tyres for BMW X3 M & X4 M
  3. Tyres & more: Continental technologies in Volkswagen’s ID.3
  4. Electric BMW iX3 approves Yokohama Advan Sport V107
/by

Torque from the Top – Paul Emery, UK sales director, Hankook

,
Hankook

Continuing our recently-introduced series of interviews with leading figures in the UK tyre industry, Tyres & Accessories spoke with Paul Emery, UK sales director, Hankook Tyre UK.

Tyres & Accessories: How has the pandemic impacted on your business? What changes have you made in day-to-day business?

Tyres & Accessories logo“Torque from the Top” is a regularly feature in the print edition of Tyres & Accessories magazine. Not a subscriber? No problem, click here to become one.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. CV Show launch for Laufenn truck tyre range
  2. Hankook introduces new Laufenn truck and bus tyres for UK market
  3. Laufenn launch makes Hankook more holistic commercial tyre supplier
  4. Hankook extending core competencies to drive future growth
/by

Hankook tyres for BMW X3 M & X4 M

BMW M GmbH has selected Hankook Tire as an original equipment tyre supplier and is fitting the BMW X3 M and X4 M with the Hankook Ventus S1 evo Z; both models wear tweaked versions of the UUHP tyre in size 255/40 ZR21 102Y on the front axle and 265/40 ZR21 105Y at the rear. This is Hankook’s first partnership with BMW’s performance division, but it reports that “other tyres for M GmbH models are already in development.”

Read more

Related news:

  1. VW ID.4 to ride on Hankook tyres
  2. Hankook supplies new BMW M4 GT4 at Nürburgring 24h
  3. Hankook supplying OE tyres for Audi SQ8
  4. Audi approves Hankook tyres for e-tron GT
/by

Hankook supports 4-time British Rally champion Cronin’s 2021 return

,

Hankook is supporting four-time British Rally champion Keith Cronin, who has returned to the series this year. The West Cork driver will contest the four gravel rounds of the 2021 British Rally Championship (BRC), beginning with the Nicky Grist Stages this weekend, plus the season-closing Today’s Ulster Rally on tarmac in November. The recent non-championship M-Sport Rally in Cumbria provided the first opportunity to test the latest Hankook competition tyres in advance of the BRC campaign, bringing a successful result of third overall and second in the Rally 2 class.

Read more

Related news:

  1. Dmack team crowned BRC champions following Manx Victory
  2. Dmack seals sixth British Rally Championship victory in Carlisle
  3. Hankook's Andreas Mikkelsen Gains IRC Points in Azores
  4. Pirelli looks to add to BRC asphalt success on Ulster Rally
/by

Hankook & Company signs MOU with KAIST to build data infrastructure platform

,

Hankook & Company Co., Ltd., the holding company of Hankook Tire & Technology Co., Ltd., has expanded its cooperation with the Korea Advanced Institute of Science and Technology (KAIST) through the signing of a memorandum of understanding with its College of Engineering. This latest MoU centres on the ‘Symbiotic Transformation for AI-infused Reality (STAR) Project’ and seeks to “build a data infrastructure platform and strengthen cooperation in researches for the post-AI age.” One potential outcome of this collaboration is that data will later be used in Hankook’s tyre research and development.

Read more

Related news:

  1. Hankook: HK-KAIST collaboration widens
  2. Hankook Tire signs MoU with leading Korean fleet management firm
  3. Hankook working with Hyundai & Kia on data-based services
  4. Hankook Tire CEO Cho receives suspended prison sentence
/by

GM Supplier awards: 5 tyre makers acknowledged

Hankook Tire describes its receipt of a General Motors Supplier of the Year award as an honour. The company is one of 122 suppliers around the world, including five tyre makers, acknowledged for exceptional performance in the 2020 calendar year.

Read more

Related news:

  1. 6 tyre manufacturers among GM supplier award winners
  2. Tyre makers honoured with GM & Ford supplier awards
  3. Giti enters the top 10 of leading tyre manufacturers
  4. Triangle returns to China car tyre top 10, Michelin retains top spot
/by

Hankook expands testing capacity in Spain

Hankook Tire has expanded its testing and development capacities in Europe with the commissioning of a new test centre in Spain. The facility, located some 40 miles southwest of Barcelona on the premises of the Applus+ IDIADA Group, will enable the tyre maker to “build on even more efficient and state-of-the-art, fully automated test logistics for European tyre development in the future.”

Read more

Related news:

  1. Hankook begins partnership with Applus+ IDIADA
  2. Barcelona’s buses to roll on Hankook tyres
  3. Hankook Tire extending Real Madrid sponsorship to 2022/23
  4. Prinx Chengshan resumes European testing
/by

Michelin top, Conti moves up to 3rd – all change at the top of the 2021 Leading Tyre Companies table

, ,
Andrea Piacquadio; Pexels

While the world is still adjusting to the repercussions of the Covid-19 pandemic, there has been no small measure of disruption in the standings of the world’s leading tyre manufacturers, according to our latest top 25 table. Six of the top 10 have changed places this time round, with the headline news being that Michelin has regained pole position after several years of having Bridgestone in first place. At the same time, Continental has stepped up into third position, leapfrogging the previous incumbent Goodyear.

Membership Required

If you are not yet a Tyrepress or Tyres & Accessories subscriber, you can change that here.

Subscribe now

Becoming a member has benefits such as:

  • Read our sector-leading articles in full
  • Full analysis of tyre business segments
  • Read Tyres & Accessories magazine online/in print

Already a member? Log in here

Related news:

  1. Top tyre manufacturers deny involvement in tyre test manipulation
  2. Giti enters the top 10 of leading tyre manufacturers
  3. Brand Finance: Michelin most valuable and strongest tyre brand
  4. Decennial shift in global PCLT tyre volume market share
/by

Audi approves Hankook tyres for e-tron GT

In April, Goodyear shared that the new Audi e-tron GT is available factory-fitted with a 21-inch version of its Eagle F1 Asymmetric 5. Hankook Tire reports it is also supplying original equipment tyres to Audi’s electric performance saloon; the Hankook Ventus S1 evo 3 ev will be fitted to the e-tron GT in size 225/55R19 XL 103Y on the front axle and 275/45R19 XL 108Y on the rear.

Read more

Related news:

  1. Hankook supplying OE tyres to Audi RS Q8
  2. Hankook supplying OE tyres for Audi SQ8
  3. New Hankook winter tyres – 1st test success with Auto Bild
  4. Hankook debuts UUHP tyre on Mini John Cooper Works GP
/by

Hankook Tyre UK secures headline sponsorship of 2021 BBC Top Gear EV Awards

,

Hankook will act as main sponsor of the 2021 BBC Top Gear Global Electric Vehicle Awards, which recognise the best EVs across 12 different award categories, including EV of the Year, Best Hatchback, SUV, Estate, and Hypercar. This arrangement builds upon other EV-related engagements, such as Hankook Tire’s upcoming tyre supply to the ABB FIA Formula E World Championship, the world’s first and only all-electric street racing Formula series.

Read more

Related news:

  1. Strong partnership: Hankook gains GM Supplier of the Year award
  2. Hankook Tire a Honda double award winner
  3. Hankook appoints new UK managing director
  4. Red Dot Awards for three Hankook tyres
/by

Dunlop tyres for Lexus UX300e, Hankook on Japan-market Honda Vezel

Sumitomo Rubber Industries has begun supplying the Dunlop Enasave EC300+ to Lexus for certain versions of its first all-electric model, the UX300e. Meanwhile, Hankook Tire shares that it will equip the 2021 Honda Vezel hybrid for the Japanese market with its Kinergy Eco² tyre ex works.

Read more

Related news:

  1. Dunlop OE on Lexus LS in Japan
  2. SRI gains Lexus, Nissan OE approvals
  3. Hankook extends OE supply with latest Mini model
  4. Dunlop Enasave EC300+ OE on Mitsubish Xpander in ASEAN
/by

We see you are visiting us from China.

If you would like the latest news from the Chinese tyre industry in Chinese, visit our partner site TyrepressChina.com. Or click below to continue on Tyrepress.