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Kumho Tire reports record Q1 2025 result

Kumho Tire has announced its preliminary performance for the first quarter of 2025 with consolidated sales of KRW 1.2062 trillion (£633.3 million / €745.1 million) and operating profit of KRW 144.8 billion (£76.0 million / €89.4 million). First – quarter sales grew 15.5 per cent year-on-year, with Kumho calling this the best performance in the company’s history. Driving this sales growth was an expansion of original equipment tyre supply and the combined growth of replacement market tyres, including high-margin products.

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Related news:

  1. Kumho gaining ground in Europe
  2. Continental revises 2021 outlook
  3. Record H1 2023 sales for Yokohama Rubber, but lower Tires profit
  4. Apollo Tyres – steady revenue growth amid challenging conditions in H1 FY25
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Kumho to invest in European tyre production base by 2027

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Tyres & Accessories has heard talk of Kumho investing in a European tyre production plant for almost two years. A year ago, reports surfaced publicly sharpening the focus on what Kumho is planning to do. Now, in mid-April 2025, executives have once again released details that both confirm the seriousness of the company’s investment plans but also reveal one or two changes in strategy along the way.

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Related news:

  1. Toyo investing 390 million euros in Serbia tyre factory
  2. Yokohama gearing up for European tyre factory
  3. Blatco and Kingdom Tyres’s Saudi Arabia tyre factories progress
  4. Kumho confirms Saudi tyre factory MoU
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Test result demonstrates commitment to exceptional tyres, says Kumho

Last month we shared the results of the 225/40 ZR18 tyre test performed by Die Reifentester, an experienced team of journalists and tyre developers from Germany. This evaluation of eight products delivered a winning result to three tyres, one of these being a newcomer from Kumho. The recently launched Ecsta Sport excelled across the board in its inaugural tyre test appearance, gaining a ‘very good’ rating from the Die Reifentester team.

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Related news:

  1. Kumho – Auto Bild test result reflects innovation commitment throughout lifecycle
  2. 3 winners in Die Reifentester summer tyre test
  3. Auto Bild summer test: 5 exemplary tyres
  4. Reifentester publishes inaugural tyre test
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Qingdao Doublestar lost 356 million yuan in 2024

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Qingdao Doublestar’s 2024 annual report shows that the company’s lost 356 million yuan (about £38 million; €45 million) last year. Compared with the loss of 176 million yuan (about £19 million; €22 million) in 2023, Qingdao Doublestar’s loss more than doubled. In 2024, the tyre manufacturer’s revenue fell 6.89 per cent year-on-year.

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Related news:

  1. Doublestar the only bidder left to buy Kumho
  2. Acquisition ugliness: Kumho Tire execs threaten mass resignation
  3. Doublestar back in pole-position for Kumho purchase
  4. Why Doublestar’s Kumho purchase is a good idea
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Kumho’s Nanjing plant raises EV tyre capacity

Kumho is preparing to increase the capacity of new energy vehicle tyres at the Nanjing plant. Specifically, after the construction, the annual capacity of new energy vehicle tyres at this production base will increase from 1.78 million to 3.18 million (an increase of 1.4 million).

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Related news:

  1. Linglong to become first Chinese global Top 10 car tyre manufacturer by 2019 – analyst
  2. Enjoy The Best of China
  3. Kumho relocating Nanjing tyre plants in 2016
  4. Doublestar launches Crossleader self-seal tyre
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Kumho’s CV solutions continue to provide comprehensive coverage

Kumho Tyre UK is continuing to strengthen its commercial vehicle tyre market positioning. Its comprehensive range has been developed to deliver superior performance, dependability and safety across diverse driving conditions. With robust and reliable truck tyre products, Kumho has expanded its presence in the UK truck tyre market by enhancing its service provider network and stock position. Its extensive truck tyre range includes the KLT23, a top choice for mega trailers, known for delivering excellent mileage and reliability.

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Related news:

  1. Kumho’s CV solutions continue to provide comprehensive coverage
  2. Kumho strengthens van, truck tyre ranges for UK
  3. Kumho’s return to UK commercial vehicle tyre market
  4. Next-gen Giti GTR955 Combi Road trailer tyre ‘delivers 30% mileage increase’
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Kumho Ecsta OE on VW Tiguan & Cupra Terramar

Kumho Tire has extended its original equipment business with Volkswagen Group with supply to the VW Tiguan and Cupra Terramar. It will deliver the Kumho Ecsta PS71 SUV for fitment on the Tiguan in sizes 215/65 R17 and 235/55 R18, while the Terramar will wear the PS71 in 235/55 R18.

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Related news:

  1. Kumho exclusive OE tyre partner for Kia Seltos
  2. Kumho Ecsta HS51 OE on Renault Arkana
  3. Kumho adds BMW 5 Series to original equipment roster
  4. Kumho bringing passenger car tyre technology to SUV market
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Kumho’s ECSTA Sport SUV range: High-performance for the modern SUV

Recent years have seen Kumho Tyre strengthen its presence in the SUV and high-performance tyre markets to take into account the trends towards both SUVs and electric vehicles amongst the vehicle-buying public with the introduction of its ECSTA Sport range.

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Related news:

  1. Kumho strengthens winter range with new WP52 car, SUV tyre
  2. Kumho bringing passenger car tyre technology to SUV market
  3. ‘Huge opportunity’ for mid-range, quality tyres – Davanti sales director
  4. Yokohama adds SUV and EV-orientated HLC tyres to range
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Kumho – Auto Bild test result reflects innovation commitment throughout lifecycle

Kumho Tyre is well pleased with the ‘exemplary’ rating its Kumho Ecsta PS71 gained in the Auto Bild 2025 summer tyre test. It earned the motoring publication’s top rating when tested in size 225/40R18, finishing joint fourth from a total of 52 candidates. Auto Bild particularly praised the Ecsta PS71 for its outstanding performance in dry and the best result in wet conditions.

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Related news:

  1. Undisputed test winner – Kumho celebrates Auto Bild result
  2. Tough ADAC summer tyre test rates only five tyres as ‘good’
  3. Auto Bild summer test: 5 exemplary tyres
  4. Kumho: test success demonstrates strength of UHP Ecsta range
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Beyond expansion – Kumho reiterates premium intentions

During a visit to the snows of Northern Sweden, Kumho Tire showed off its latest winter range and confirmed its sales and marketing strategies for 2025. Il-taik Jung, President and Chief Executive Officer of Kumho Tire, was present and told customers attending from throughout the region that the company will “work relentlessly” this year to enhance its brand value in the European market.

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Related news:

  1. MSCI ESG rates Kumho Tire ‘AA’
  2. Kumho Tire enhances profile through Eintracht Frankfurt partnership
  3. USA capacity increase complements doubling of Kumho’s Vietnam output
  4. Kumho debuts UHP Ecsta Sport range
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3 winners in Die Reifentester summer tyre test

Choosing the right tyre for sporty compact cars such as the VW Golf GTI is crucial for performance, safety, and driving pleasure. The latest test from Die Reifentester evaluates eight tyres in the popular 225/40 ZR18 size. Tyre tester and former tyre developer Dirk Vincken, together with experienced motoring journalist Joachim Fischer, compared the tyres at the ATP proving ground in Papenburg, Germany.

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Related news:

  1. Reifentester publishes inaugural tyre test
  2. Conti seals hat-trick in Auto Express winter tyre test reflecting British climate
  3. Tyre tests – Motorcycle slicks for racing & track days
  4. Conti SportContact 7 ‘sets benchmark’ in Tyre Reviews UUHP tyre test
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Kumho debuts UHP Ecsta Sport range

Two new ultra-high-performance products have joined the Kumho Ecsta line-up in European markets. Ecsta Sport and Ecsta Sport S build on the strengths of predecessor models the Ecsta PS91 and PS71, with the Sport S sitting a rung higher on the performance ladder. Kumho bills this as a “super sport tyre.”

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Related news:

  1. USA capacity increase complements doubling of Kumho’s Vietnam output
  2. MSCI ESG rates Kumho Tire ‘AA’
  3. Kumho Tire enhances profile through Eintracht Frankfurt partnership
  4. Saudi tyre JV – Kumho Tire & Blatco sign tech agreement
/by

Kumho’s CV solutions continue to provide comprehensive coverage

,

Kumho Tyre UK is continuing to strengthen its commercial vehicle tyre market positioning. Its comprehensive range has been developed to deliver superior performance, dependability and safety across diverse driving conditions. With robust and reliable truck tyre products, Kumho has expanded its presence in the UK truck tyre market by enhancing its service provider network and stock position. Its extensive truck tyre range includes the KLT23, a top choice for mega trailers, known for delivering excellent mileage and reliability.

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Related news:

  1. Kumho strengthens van, truck tyre ranges for UK
  2. Aeolus bringing full commercial range to CV Show
  3. Giti launches key commercial tyre sizes one year since rebranding at CV Show 2018
  4. Next-gen Giti GTR955 Combi Road trailer tyre ‘delivers 30% mileage increase’
/by

Rugby league – Kumho partners with Bulldogs in Australia

Sydney-based rugby league club Canterbury-Bankstown Bulldogs has named Kumho Tyre its Official NRL Men’s Head Coach Partner and Official Tyre Partner. The two-year partnership will not only see the Kumho Tyre logo adorned on NRL Head Coach Cameron Ciraldo’s gameday attire but also engage with the Bulldogs’ community through the Game Changers Road Safety Program, with a focus on educating students on the importance of road safety.

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Related news:

  1. Football: Kumho Tyre partners with FK Mladá Boleslav
  2. Kumho Tire sponsoring ice hockey in Germany with Löwen Frankfurt
  3. Rugby sponsorship – Kumho Tire partners with Stade Toulousain
  4. Nexen targets Oceania with sports marketing in Australia and New Zealand
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Blatco appoints construction consultants for Saudi tyre factory project

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Three years ago, Black Arrow Tire Co. (Blatco) announced its plans for a tyre factory in the Kingdom of Saudi Arabia. Shortly afterward, Kumho confirmed it was in talks with Blatco. In March 2024, Kumho and Blatco signed a technology license agreement, which is purportedly a 20-year deal. The latest news is that, in mid-February 2025, under the auspices of the Saudi government’s Public Investment Fund (PIF) summit, Blatco signed a “strategic partnership” with both Kumho and another Korean company, Misong Tech. 

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Related news:

  1. Blatco and Kingdom Tyres’s Saudi Arabia tyre factories progress
  2. Kumho confirms Saudi tyre factory MoU
  3. Pyramids Tires: $350 million Egyptian factory begins manufacturing
  4. Roadbot roadblock – Middle Eastern tyre factory stalls due to pandemic
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