Ecovadis Gold award for Kumho Tire
Ecovadis has awarded Kumho Tire Gold in its Ecovadis Sustainability Rating. This places the tyre maker within the top five per cent of companies evaluated.
Ecovadis has awarded Kumho Tire Gold in its Ecovadis Sustainability Rating. This places the tyre maker within the top five per cent of companies evaluated.
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Kumho Tyre, the official tyre sponsor of the British Racing and Sports Car Club’s (BRSCC) Mazda MX-5 Supercup and Championship race series, has celebrated a thrilling season after the final round of the series at Brands Hatch on 19 and 20 October 2024 saw Aiden Hills winning the Supercup and Thomas Langford clinching the Championship title, while Jonathan Greensmith was victorious in the Clubman series, marking a successful year for both drivers and Kumho’s high-performance tyres.
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At the online investor reception day attended by Qingdao Doublestar board secretary Wang Bo and CFO Zou Guangfeng, the issues investors were most concerned about was how the company will turn losses into profit and how the business is restructuring in relation to Kumho.
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With an extensive range of tyres designed to enhance performance and reliability across various driving conditions, Kumho Tyre UK tells Tyres & Accessories that the brand is “making significant strides in the commercial vehicle sectors.” Its PorTran range has been tailored for commercial vans operating in a variety of conditions, while the brand is enhancing its stock position in heavier commercial truck tyres.
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From 18 to 20 November, Kumho hosted its annual European Bloc Meeting at the Kumho Tire European headquarters in Offenbach am Main, Germany. “…it was a fantastic opportunity to build on the successes of the last meeting and develop new ideas for 2025”, company representatives wrote in a social media post published on 20 November 2024.
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In what may well be a tyre industry first, Kumho Tire has debuted as a musical artist on Spotify. The Korean tyre maker proudly announces the release of its own song, which it says forges “a unique connection between mobility and music in an entirely new way.”
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Kumho Tire is supplying original equipment tyres for the VW Passat and Škoda Superb. The South Korean-based tyremaker will be supplying its ECSTA HS52 model in size 215/60 R16.
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The rise and rise of the SUV has been the dominant feature of the European car market in recent years, with increasing numbers of SUV drivers demanding a wider variety of performance features, from on-road performance to off-road traction. This has resulted in the introduction of new products to Kumho’s SUV/4×4 line-up such as Ecsta PS71 SUV and Road Venture AT52 and significant range extensions to established patterns.
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The SEMA 2024 show debuts today in Las Vegas, and at the event Kumho Tire U.S.A. is launching no less than three ultra-high-performance tyres for North American customers. The new arrivals are the Kumho Ecsta Sport All-Season PA71, Ecsta Sport PS72 and Ecsta Sport S PS72, tyres that “bring next-generation compound and tread design technology for superior performance without compromise.” Kumho plans to make these tyres available in the local market by spring 2025.
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Kumho Tyre UK has voiced its support for the TyreSafe Tyre Safety Month 2024 campaign. The road safety charity’s efforts to promote awareness amongst motorists of the importance of tyre safety through this year’s ‘Caught in the ACT’ campaign are aligned with those of Kumho.
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Kumho Tire has developed a digital twin (DT) system which engineers are applying to the tyre development process. According to the company, Kumho’s DT system has been developed by incorporating “big data analytics, artificial intelligence, digital transformation and Computer Aided Technologies (CAE)” into the tyre development process.
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Kumho Tyre UK recently hosted its annual five-a-side football tournament at the renowned Tottenham Hotspur FC (Spurs) training ground, with the event attracting over 40 of Kumho’s key customers and partners, offering a unique blend of networking and exciting competitions.
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Kumho Tyre UK recently hosted its annual five-a-side football tournament at the Tottenham Hotspur FC training ground, with the event attracting over 40 Kumho key customers and partners, offering a unique blend of networking and exciting competitions.
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Doublestar’s board of directors has approved a transaction plan to control Kumho. Specifically, the company plans to purchase assets by issuing shares and paying cash and ultimately achieve the goal of indirectly holding 45 per cent of Kumho’s shares and becoming Kumho’s controlling shareholder. Prior to this, Doublestar’s controlling shareholder, Doublestar Group, and several other Chinese companies jointly held this part of the equity. In other words, Doublestar can officially manage Kumho’s operations after this transaction.
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Kumho Tire has announced a new partnership with Löwen Frankfurt, becoming the official partner of the German ice hockey team from the start of the forthcoming season in mid-September. The collaboration will see the tyre manufacturer prominently featured at the team’s home rink, the Eissporthalle Frankfurt, enhancing its brand visibility and regional engagement.
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