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Hankook extends DTM tyre partnership

Hankook and European touring car racing series DTM have signed an extension to their official tyre supplier deal, extending the partnership until at least 2016. DTM’s organisers have been sufficiently satisfied by the development of Hankook’s Ventus line of motorsport tyres to sign the deal ahead of schedule, while the Korean tyre manufacturer is keen to sustain the brand value and premium brand status it derives in part from this deal. Hankook added an all new option tyre specification this season, which it president & chief marketing officer/chief corporate management officer at believes allows the company to demonstrate the brand’s performance on premium brand vehicles.

2nd May 2013/12,345 Comments/by Tyrepress Editors

Rising UHP sales drives Hankook operating profit higher

Although its first quarter sales are down 1.7 per cent year-on-year and 1.3 per cent lower than in the final quarter of 2012, Hankook Tire describes its consolidated sales for January to March 2013 as “well-sustained”, and the company’s bottom line faired well. The company earned global revenues of KRW 1.68 trillion (£975 million) in the first quarter, while operating profit amounted to KRW 254.4 billion (£147.8 million), a 10.4 per cent year-on-year improvement and 14.4 per cent higher than in Q4 2012. The operating profit to sales ratio reached 15.2 per cent.

29th April 2013/12,345 Comments/by Tyrepress Editors

Hankook introduces all-season truck range

If the weather in Europe is anything it is fickle, and the last couple of years have thrown several extremes our way. Hankook recognises that all-season tyres may be very much at home in our unpredictable conditions and has introduced an entirely new range of medium to long haul truck tyres for all-season purposes. The range is called Smartflex and consists of each three main sizes for steer and drive axle tyres. Hankook says the M+S marked tyres are designed to handle increased load capacities and to provide driving safety under changing weather conditions.

26th April 2013/12,345 Comments/by Tyrepress Editors

Mystery over North American factory plans

US publication Tire Review reports that Northwestern Mississippi and western Tennessee are “abuzz with rumours over what automotive or tyre company plans to build a significant production facility in the region.” Mississippi Governor Phil Bryant has called the state legislature into a special session on 26 April to consider a batch of economic incentives to lure a company to the state, and Tire Review says that a local newspaper describes the company in question as being a “Japanese” tyre company that wants to build a plant there.

25th April 2013/12,345 Comments/by Tyrepress Editors

Hankook kicks off new Superstars season

A successful start to the Superstars and GT Sprint International Series was enjoyed by tyre supplier Hankook. The opening round of the two SWR promoted series at Monza took place in conditions Hankook Tire describes as “tricky”, with occasional rain and cool temperatures demanding the upmost performance from drivers and tyres. The tyre maker says the Ventus slicks received “high praise” from top drivers for their “reliable performance and high level of consistency.”

10th April 2013/12,345 Comments/by Tyrepress Editors

Hankook to ‘fill the gap’ between medium and long haul with CV Show launch

In addition to unveiling its Alphatread retread range at the Commercial Vehicle Show, Hankook will also host the world premiere of its latest truck tyre solution – one it says will “fill the gap between medium and long haul.” Other CV Show highlights for Hankook include a stand visit from the Northampton Saints Rugby Club and a competition to win VIP tickets to the Europa League Semi Final.

28th March 2013/12,345 Comments/by Tyrepress Editors

On-road performance a focus for Hankook’s Dynapro HP replacement

Hankook describes the SUV segment as “thriving”, and to cater for this class of vehicles it has released a new high performance summer product, the Dynapro HP2. The tyre maker says the HP2 has been developed primarily for on-road use, and a focus has been placed upon the three label criteria plus comfort levels. The original equipment and aftermarket range mainly covers 15 to 19-inch rim diameter sizes, and many fitments are XL marked.

21st March 2013/12,345 Comments/by Tyrepress Editors

Aeolus reveals Asia PCR range, top 10 ambitions

China’s fifth largest tyre manufacturer by sales, Aeolus announced its entry to the southeast Asia passenger car market on 20 March with the launch of a complete range of PCR tyre products. The new venture comes on the back of the construction of a new car tyre manufacturing plant in Jiaozuo; the 625,000sqm factory is capable of manufacturing six million tyres a year. Aeolus is exhibiting its new tyres at Tyrexpo Asia 2013 in Singapore.

20th March 2013/12,345 Comments/by Tyrepress Editors

Hankook proves itself good egg to local charities with Easter donation

Hankook Tyre UK has a diverse product portfolio, but when it comes to Easter the company has put all its eggs in one basket – and donated them to local charities and centres for children and adults with learning disabilities and autism. The tyre maker has donated hundred of Easter eggs to the Daventry-based Sure Start Children’s Centre, The Cube Disability, a centre for adults with learning disabilities and autism, and Northampton based charity Kidsaid.

13th March 2013/12,345 Comments/by Tyrepress Editors

CV show launch for Hankook retread range

At last September’s IAA Commercial Vehicles show in Germany, Hankook UK sales director Barrie Horrocks told Tyres & Accessories of plans to introduce a bead-to-bead retread range in 2013. He also shared that the UK would serve as a pilot market for the new truck tyre retread line, which will be marketed under the ‘Alphatread’ brand name. Hankook now reports it will unveil its first Alphatread products at the Birmingham-based Commercial Vehicle Show in April, ahead of their UK launch in the second quarter of 2013.

21st February 2013/12,345 Comments/by Tyrepress Editors

Hankook aiming for 12-15% US market share

At Hankook Tire America’s annual ‘Partners Day’, the tyre maker gave an overview of its recent successes and shared it plans to build upon these accomplishments. US industry publication Tire Review was there and shares news of the event held in Cancun, Mexico.

20th February 2013/12,345 Comments/by Tyrepress Editors

Production starts at Hankook’s Chongqing plant

According to a statement released by Hankook Tire, production has commenced at the company’s Liang Jiang Xin Qu factory in China’s Chongqing region. The tyre maker writes that the plant’s initial production capacity goal of 2,400 tyres a day is expected to be reached by mid-2013; upon breaking ground at the factory site in May 2011, Hankook said it aimed to produce 4,500 truck and bus radials and 30,000 passenger car radials a day in Chongqing by the end of 2015.

19th February 2013/12,345 Comments/by Tyrepress Editors

Hankook wins 2013 iF Design award

Hankook Tire has been awarded two iF Design Awards for its Ventus S1 evo2 Motion Graphic Brochure and Eco Motion Graphic Brochure animated product films. Both have both been awarded the 2013 iF Design Award in the ‘communication’ category. This marks the third time that Hankook has received the internationally recognised design award; the tyre maker also gained this distinction in 2009 and 2011.

19th February 2013/12,345 Comments/by Tyrepress Editors

Kenny to head Hankook US R&D

Hankook Tire America Corp has named Thomas Kenny its new vice president of technology and head of its Akron Technical Center. Tire Review reports that Kenny will be responsible for managing various aspects of work at the Akron Technical Center, including development, testing and research for Hankook tyres sold in the US.

12th February 2013/12,345 Comments/by Tyrepress Editors

Princess Royal opens Hankook’s new warehouse

Hankook says its market share in Britain is on the rise, and this has led to the need for an additional local stock holding facility. The company has established a new warehouse in Daventry to meet its requirements, and recently celebrated the opening of the new facility. Her Royal Highness the Princess Royal, patron of charity Transaid – a charity also supported by the tyre maker – joined staff at Hankook’s new Daventry warehouse on 7 February, where she officially opened the new stock holding facility.

8th February 2013/12,345 Comments/by Tyrepress Editors