Hankook to Supply VW With 540,000 Tyres Annually

9th February 2006 | 0 Comments
 

Hankook Tire Co has closed a deal with Volkswagen to supply 440,000 tyres per year for the German manufacturer’s Golf and Bora models. The tyres will be fitted the fifth-generation Golf and will be sold in Europe from 9 February. In addition, the manufacturer will also provide 100,000 tyres a year for Volkswagen’s Bora model.

The deal will take Hankook’s overseas annual shipments for finished cars to $150 million – 12 per cent of its total export volume. Hankook sees the OE contract as a strategic move that will enable it to enhance its share of the European replacement market. Both the Bora and Golf will be fitted with Ventus Prime K105 (205/55R 16) and the Optimo K406 (195/65R 15).

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Category: Product News

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