YHI Shanghai Considering New OE Contracts; Further Motorsport Supply
YHI International produces some of the best known wheel brands (such as OZ, Enkei, Advanti, Breyton and Konig) in the business. However up till now, with the exception of some high profile motorsport supply deals such as with Formula One, virtually all of these have been destined for the European and global replacement markets. When Tyres & Accessories interviewed YHI Manufacturing (Singapore) PTE Ltd CEO, Thomas Lee at the company’s Shanghai wheel production at the end of 2009, the executive suggested that both original equipment supply and further motorsport activities could be in the offing for the manufacturer.
In the first half of 2009, the effects of the global recession meant YHI International Ltd experienced a continuation of the “slow” period that was evident during the fourth quarter of 2008. By the third quarter of the year sales were comparable with the same period in 2008. The further quarter of 2009 brought with it tentative signs of recovery, with company representatives telling T&A that early “signals of economic recovery appeared to be true.”