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Hankook’s Tony Lee takes on European role, Ahn appointed president of Hankook Tire America

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Hee-Se Ahn, who until recently served as vice-president of Marketing & Sales at Hankook Tire Europe, has been appointed president of Hankook Tire America Corp. and chief operating officer for the tyre maker’s business operations throughout the Americas. Mr Ahn’s new role began on 1 January, and he is now based at Hankook Tire’s America headquarters in New Jersey. His successor as vice-president of Marketing & Sales in Europe is Gang Seung (Tony) Lee, who was previously managing director of Hankook Tyre UK Ltd. Hankook will release details about Lee’s successor in the near future.

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Related news:

  1. Hankook confirms Tony Lee as European marketing and sales head
  2. Jong Jin Park named head of Hankook Tyre UK
  3. Guy Heywood named Hankook Tire Europe truck tyre marketing director
  4. Australian tyre recycler expanding into Europe
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Hankook Tire announces Mercedes-Benz MPV tyre supply

Two Hankook tyres have been selected as original equipment fitments on the Mercedes-Benz V-Class. The MPV will receive the Ventus Prime² in size 225/55 R 17 101 V XL and the Vantra LT in size 205/65 R 16 C 101/103 H. Both tyre specifications are manufactured in Hankook’s plant in Hungary.

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  1. ‘The Ventus Experience’ – Hankook celebrates premium approvals
  2. Hankook OE on Mercedes-Benz C-Class
  3. Upgrades for Hankook’s truck tyre range
  4. German OE deals endorse Hankook’s PCR range-topper
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Hankook Tire takes 19.5% share in Halla Visteon Climate Control

Korea’s Hankook Tire is a 19.49 per cent shareholder in Halla Visteon Climate Control Corp after it and private equity firm Hahn & Company acquired the close to 70 per cent company share that Visteon Corp held in the joint venture. Its 50.5 per cent stake makes Hahn & Company the largest shareholder in the climate control system specialist, while Hankook Tire is the second largest. According to a disclosure made to the Korea Stock Exchange, Hankook Tire paid a total of Krw 1.08 trillion (£630.2 million) for the 20.8 million shares it received.

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  1. Hankook Tire linked to Halla Visteon bid speculation
  2. Pirelli in talks with a number of bidders before ChemChina deal
  3. Wholesale acquisition: Hankook Tire buys Reifen Müller
  4. Interested parties vie to acquire Indonesian tyre maker Multistrada
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On the buses – Hankook wins second award for Blue Bird supply

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It’s now two years since Hankook Tire began supplying AH12 steer and Z35A drive axle tyres to bus manufacturer Blue Bird Corporation for original equipment fitment on its school buses, and the US-based company has recognised Hankook’s efforts by bestowing it one of ten 2014 Outstanding Supplier Awards; Hankook award success was in the Polymer category. This is the second year in a row Hankook has received the award; the tyre maker says its back to back wins underscore the commitment shown in its original equipment activities with Blue Bird Corporation.

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Related news:

  1. 6 tyre manufacturers among GM supplier award winners
  2. Nexen wins Fiat Chrysler OE performance award
  3. Goodyear Dunlop’s Sava factory wins Ford Q1 award
  4. Hankook and Hyundai sign Driving Experience Center MOU
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Hankook Tire linked to Halla Visteon bid speculation

According to news published by both Reuters and Bloomberg, South Korea’s Hankook Tire may submit a joint bid with private equity company Hahn & Company to acquire a majority share in climate control system specialist Halla Visteon Climate Control Corp. Reuter says its information comes from a Hankook Tire official, who was not named, while Bloomberg’s report is based on an e-mail from the tyre maker that confirmed interest in jointly purchasing the 70 per cent company share that Visteon Corp. presently holds.

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Related news:

  1. Hankook Tire takes 19.5% share in Halla Visteon Climate Control
  2. Pirelli in talks with a number of bidders before ChemChina deal
  3. Wholesale acquisition: Hankook Tire buys Reifen Müller
  4. Interested parties vie to acquire Indonesian tyre maker Multistrada
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Hankook Tire renews German safety sponsorship, presents 2015 ‘ambassador’

At the Essen Motor Show, which concludes this weekend, Hankook Tire has announced it will continue as a main sponsor of the Tune it! Safe!, a German campaign that aims to ensure vehicle tuning enthusiasts keep their modifications safe and legal. The campaign is now in its tenth year.

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Related news:

  1. Hankook Celebrates 5 Years as Tuning Safety Partner
  2. Dakar tyre tops Hankook design competition
  3. Hankook sponsoring Bundesliga club Borussia Dortmund for 2 more years
  4. Hankook’s new European HQ
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Hankook supplying tyres to Audi TT race championship

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It’s already reported having original equipment tyre supply deals for the TT and TTS in the bag, now Hankook Tire has announced it will also supply original equipment tyres to a race championship featuring the Audi model. As exclusive tyre supplier to the Audi Sport TT Cup racing series, Hankook will supply all competitors with its Ventus Race tyres.

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  1. Hankook Tire and the DTM extend partnership to 2023
  2. Hankook helps BMW M4 GT4 to class win as tyre provider for TCR, GT4 at N24
  3. Hankook continues European F3 tyre supply deal, as series begins at Silverstone
  4. Gary Paffett is 2018 DTM champion
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Dakar tyre tops Hankook design competition

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The winners of the Hankook Tyre Design Challenge 2014 were announced at the Essen Motor Show in Germany today. This is the fourth time the competition has been held, and this year’s winner is Samir Sadikov, who submitted a ‘Dakar’ racing tyre concept. Runner up was Andreas Hartl with an intelligent “vent tyre” and third place was taken by Lucia Less with the ‘concept winter’ self-transforming snow tyre. These top concepts, which were selected by a jury of design and tyre experts and produced in prototype form by Hankook, will be on display for the rest of the Essen Motor Show’s duration.

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Related news:

  1. Option tyre playing ‘major role’ in exciting DTM season – Hankook
  2. Hankook partners with Royal College of Art in tyre design project
  3. Hankook IAA premieres to focus on fuel-efficiency
  4. Hankook Develops BRC Position
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Hankook to supply Ventus S1 evo² to Audi TT, TTS

Three dimensions from Hankook’s Ventus S1 evo² line-up will be supplied to Audi for original equipment on its TT and TTS models. Size 225/50R17, 245/45R17 and 245/35R19 tyres, all produced at the tyre maker’s Rácalmás plant in Hungary, will be fitted on the latest version of the Audi models as standard or optional equipment, depending on the engine version.

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Related news:

  1. German OE deals endorse Hankook’s PCR range-topper
  2. Hankook UHP Ventus S1 evo² tyre selected for new Audi RS 5 Coupé
  3. Hankook OE on Chrysler, Dodge models
  4. Upgrades for Hankook’s truck tyre range
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Analysts predict Chinese tyre anti-dumping duties of 25 – 35%

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Following the news that the US Department of Commerce (DoC) had set the preliminary countervailing duty for Chinese consumer tyres, market analysts have begun estimating what they think the outcome of final determinations will be when they are announced on 6 April 2015. Preliminary details of anti-dumping duties are expected in January 2015. Writing in […]

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Related news:

  1. Will Europe impose tyre import tariffs?
  2. US imposes Chinese tyre import tariffs
  3. Chinese officials welcome US duty decision
  4. USA: No antidumping and countervailing duties on Chinese truck & bus tyres
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Upgrades for Hankook’s truck tyre range

Hankook Tire Europe has announced an upgrade to its AH11 truck tyre and the introduction of its DH05+ pattern into Europe. These tyres are – as first announced at the IAA Commercial Vehicles show in September – fitted to the Mercedes-Benz Atego Euro VI as original equipment in sizes 215/75R17.5, 235/75R17.5, 265/70R19.5 and 285/70R19.5, depending on vehicle specification. Fitment on the world’s best-selling distribution truck is Hankook’s first European Daimler commercial vehicle tyre deal.

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Related news:

  1. Hankook a tyre supplier for Euro 6 Atego
  2. ‘The Ventus Experience’ – Hankook celebrates premium approvals
  3. Hankook OE on Mercedes-Benz C-Class
  4. Hankook Tire announces Mercedes-Benz MPV tyre supply
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Laufenn – a new tyre brand from Hankook Tire

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An all-new tyre brand from Hankook Tire was unveiled at the SEMA show in Las Vegas yesterday. This new range from the Korean tyre maker will be sold under the Laufenn name, and although its initial launch is restricted to ten markets in North America, Latin America and the Asia Pacific region, Hankook describes Laufenn as a “global tyre brand” and says it will be introduced in Europe and other regions “in the coming years,” although a European launch in 2015 looks highly unlikely.

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Related news:

  1. Show review: Reifen China 2014
  2. Full house of UK’s biggest CV tyre brands at CV Show 2015
  3. “The Tire Cologne” – details of show to rival “Reifen” announced
  4. ‘Mitas Premium’ announced at EIMA – Continental name to be phased out on OE agri tyres
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Hankook increases operating profit, sales

On the back of an expanding original equipment portfolio and higher ultra-high performance tyre sales Hankook Tire has reported increased operating profits and sales in its third quarter, reversing a year-long downward trend. The manufacturer has global sales revenues of 1,250 million euros (KRW 1.72 trillion), with operating profit of 208 million euros (KRW 276 billion).

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Related news:

  1. Hankook Tire Q4 2013 operating profit up 14.6%
  2. UHP tyre sales key to rising Hankook operating profit
  3. Hankook: Sales Up 15.3 per cent
  4. Rising UHP sales drives Hankook operating profit higher
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DTM – no option tyre in 2015

This year’s DTM season came to an end over the weekend, and the series organiser concedes that fans “weren’t 100 per cent satisfied” with the touring car championship in 2014. The first half of the season was a particular concern and Hans Werner Aufrecht, chairman of DTM rights holder and promoter, ITR e.V, says a number of measures will be introduced to add more pep to DTM races. One step that has already been decided upon is dropping the option tyre in 2015.

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Related news:

  1. 3 more years: DTM extends Hankook’s tyre supply deal
  2. DTM, Hankook returning to Brands Hatch
  3. Hankook’s Ventus Race tyre supports wide variety of circuit racing series
  4. Hankook building success in DTM
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Hankook extends luxury SUV tyre supply with US deal

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Hankook Tire will supply its Dynapro HT all-season tyre as original equipment for the 2015 Lincoln Navigator, an SUV built primarily for the North American market. The company views supply of the 275/55R20T tyre as further penetration into both the Lincoln brand and the luxury SUV segment as a whole. In addition to this new agreement for the Navigator, Hankook supplies Ford’s premium vehicle division with tyres for the Lincoln MKT full-size touring saloon and MKZ mid-size passenger car.

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Related news:

  1. Falken wins Chrysler North American OE deal
  2. Goodyear’s Eagle F1 Asymmetric 3 runflat to debut on US Chevrolet Camaro 2016
  3. Falken Ziex CT50 OE on Chrysler Pacifica
  4. Tyre supply: Hankook Tire in talks with US car makers
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