Kumho gaining ground in Europe
Kumho Tire shares that its performance in the all-important European market has recently shown strong growth. First-quarter sales for 2023 were up 92% on those of the same period last year at €165 million, while the quarter-on-quarter figures rose by a solid 15%. Impressive as these results are, the company views them as “just the first stage” in a period of sustained investment which it anticipates will result in ongoing growth within the region.