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Hankook introduces new Laufenn truck and bus tyres for UK market

Product News, UK News

Hankook has introduced a new line of Laufenn brand commercial vehicle tyres in the UK. With Laufenn the Korean tyre manufacturer targets the second tier of the market. Hankook initially launches Laufenn in the UK with nine patterns covering more than 85 per cent of tyres in the market for goods and people transportation, as well as construction truck tyres. Hankook adds that most sizes offer the three peak mountain snowflake (3PMSF) marking for use in winter conditions. The Laufenn CV tyre range was due to be presented in the UK at the Commercial Vehicle Show, before the Birmingham NEC event was cancelled due to the pandemic.

27th July 2020/by Andrew

Hankook invests in its Chinese Sealguard self-sealing tyre capacity, expanding US car tyre plant

International News

Puncture proof tyres are said to be increasing demand – despite criticism from recycling associations of such products. In line with this trend, according to media reports Hankook is significantly expanding its self-sealing production capacity in China.

17th July 2020/by Chris

Michelin to pursue sustainable motorsport despite Formula E exit

Michelin motorsport director Matthieu Bonardel has given his reaction to the announcement of a changing of the guard in the world’s premier battery-powered single-seater racing series. Despite Hankook’s move to replace Michelin as Formula E tyre supplier after the 2021/2022 season, the French manufacturer continues to believe that “sporting competition and sustainable mobility are inextricably linked.” Michelin was the tyre inaugural supplier to Formula E, which began in 2014/15, and has actively shaped the series as exclusive tyre partner ever since.

14th July 2020/by Andrew

Formula Renault Eurocup 2020 season starts on Hankook Formula tyres

Marc de Mattia / DPPI

The Formula Renault Eurocup, which runs on Hankook tyres, has begun its 50th season in Monza. Featuring prestigious racing tracks throughout the world, all vehicles of the series will be fitted with Hankook’s high-performing racing tyres, Ventus F200 and Ventus Z217. Ventus F200 is a dry racing tyre with excellent grip, handling performance, and durability, while Ventus Z217 is a highly stable wet surface racing tyre.

9th July 2020/by Andrew

Hankook supplies e-tyres for Porsche Taycan electric sports cars

The new Porsche Taycan, the manufacturer’s first all-electric sports car, will roll of production lines on specially developed Hankook Ventus S1 evo 3 ev electric vehicle tyres. Supplied in size 225/55R19 XL 103Y on the front axle and 275/45R19 XL 108Y on the rear axle the tyre will be marked “NF0” on the sidewall. Hankook says the Ventus S1 evo 3 ev includes technical refinements designed to optimise the performance of electric sports cars. The new deal extends Hankook’s relationship with Porsche, and the tyre manufacturer’s increasing interest in electric vehicles. The Korean tyre manufacturer most recently announced it is supplying the Porsche Cayenne with the SUV version of the Ventus S1 evo 3. It is also tyre partner to Kyburz’s eRod roadster. Hankook was also recently unveiled as the new tyre supplier for premier electric motorsport series Formula E.

9th July 2020/by Andrew

Pirelli, Hankook continue close rivalry in list of Leading Tyre Manufacturers

Tyrepress has published its 2020 ranking of the world’s top tyre manufacturers. Our ranking lists the top 20 tyre makers ordered by turnover from tyres in the previous calendar year. For example, Continental turned over nearly 45 billion euros in 2019, but 26.4 per cent of this was from its tyre divisions, making it the fourth largest tyre manufacturer in the world with 11.7 billion euros. The ranking presents a baseline for discussing the relative positions of the largest global players in tyre production. In 2019, we noted that Bridgestone had opened up a gap at the top of our ranking, around 2.65 billion euros ahead of second-placed Michelin in tyre turnover. This year, the French giant has reduced this gap to just over half a billion euros, reflecting its most recent acquisitions.

8th July 2020/by Andrew

FIA confirms Hankook as future tyre partner for Formula E

Hankook will supply tyres to Formula E as the series’ third generation tyre partner. The FIA (Federation Internationale de l’Automobile) confirmed Hankook after a tender process and FIA World Motor Sport Council approval. The world championship, which stages races in metropolitan areas around the globe, will run on “sustainably produced, particularly long-lasting and energy-saving Hankook tyres,” the manufacturer says. Tyres for Formula E have previously been supplied by Michelin, which was the series’ inaugural tyre partner.

1st July 2020/by Andrew

Shares in Hankook rally as Cho Hyun-bum becomes largest shareholder

Company News, International News

Chairman Cho Yang-rai has sold his 23.59 per cent stake in Hankook Technology Group Co Ltd to his son Cho Hyun-bum. The sale makes the chief executive the largest shareholder of the parent company of South Korea’s largest tyre manufacturer, with around 42.9 per cent.

30th June 2020/by Andrew

General Motors makes Hankook a 2019 Supplier of the Year Winner

International News

Hankook Tire has been named a GM Supplier of the Year at a virtual ceremony honoring for General Motors’ 28th annual Supplier of the Year awards. GM recognised 116 of its best suppliers from 15 countries. It said these suppliers have “consistently exceeded GM’s expectations, created outstanding value or introduced innovations to the company.” The ceremony, recognising supplier contributions in the calendar year, was delayed in March by the impact of the COVID-19 pandemic.

30th June 2020/by Andrew

Hankook and Hyundai sign Driving Experience Center MOU

Company News, International News

On 17 June 2020 Hankook Technology Group vice chairman and CEO Hyun Shick Cho and Hyundai Motor Group executive vice chairman Euisun Chung hosted a signing ceremony related to construction of the HMG Driving Experience Center at Hankook Tire’s new Taean Proving Ground.

22nd June 2020/by Chris

Hankook wins platinum medal for CSR engagement, sustainability

Tyre manufacturer Hankook has received a platinum medal for its corporate social responsibility (CSR) engagement. The medal was awarded by the French rating agency Ecovadis in particular recognition of Hankook’s sustainability initiatives. The medal is awarded to companies in the top one per cent of their industry sector.

9th June 2020/by Andrew

Hankook now on Instagram

Hankook has added Instagram to its social media portfolio. The tyre maker opened its @hankooktire.europe channel on 8 June. It said the channel would offer relevant information to interested and enthusiastic followers of technical content and car topics. It will also focus on the tyre manufacturer’s sporting and motorsport activities.

8th June 2020/by Andrew

Hankook Dynapro AT2 a 4×4 all-rounder with 3PMSF

Product News, UK News

Tyre maker Hankook had rounded off its 2020 off-road car tyre range with the Dynapro AT2, an all-round 4×4 tyre that features winter tyre accreditation. The Hankook Dynapro AT2 takes over from the Dynapro AT M. This covers the needs of all those customers who require high traction and safety with their off-road vehicle both on and off paved roads. Thanks to the 3PMSF symbol on the sidewall, drivers can now drive legally all year round with this tyre. The line-up covers all popular sizes in this category from 15 to 22 inches.

18th May 2020/by Chris

Hankook loses holding company naming dispute

Company News, International News

Hankook Technology; Hankook Technology Group

Hankook Tire won’t be able to call its holding firm “Hankook Technology Group” after a court decided that Hankook Tire used the name for “unfair purposes.” As a result, Hankook Technology Group will no-longer be able to use that name on the Kospi share index either.

18th May 2020/by Chris

Triangle returns to China car tyre top 10, Michelin retains top spot

International News

Stephen Goodchild

Triangle Tyre expresses pride in its comeback as a top-ten consumer tyre brand in the China Brand Power Index (C-BPI) 2020. The brand occupies ninth place, ahead of domestic rivals such as Warrior, Chaoyang, Giti and Linglong.

13th May 2020/by Stephen