• Twitter
  • Facebook
  • Instagram
  • Subscribe
  • Free Newsletter
  • My Account
Tyrepress
  • 0Shopping Cart
  • NewsNews
    • Latest News
    • Company News
    • UK News
    • Product News
    • International News
    • Retreading
    • Career Tracks
    • Motorsport
    • Video
    • Tyrepress Videos
  • Data
    • Leading Tyre Manufacturers
    • Leading Retailers (UK)
    • Social Media Ranking
    • Online Branding
    • Brand Finance rankings
    • Blue Light Fleet Analysis
    • Astutus Research analysis
    • Tire Market Forecasts
  • Features
    • Goodyear to buy Cooper – special supplement
    • TPMS and Sensor Technology 2021
    • Tyre Industry Conference 2020
    • Online Tyre Business 2020
    • Kick-starting your business webinar May 2020
  • Business Directory
    • Browse Entries
    • List Your Company on the Business Directory
  • Jobs
    • Situations vacant
    • Career Tracks
  • Classifieds
  • Magazine
    • Latest Issue
    • Read Tyres & Accessories Magazine online
    • Tyres & Accessories Magazine Archive
  • Shop
    • Subscription Shop
    • Report Shop
    • Directory Shop
  • About
    • Company Profile
    • Media Information
    • Frequently Asked Questions (FAQs)
    • Legal
    • Contact Us
  • Tyre Tests
  • Search
  • Menu
You are here: Home1 / News2 / Company News3 / Hankook’s European original equipment truck and trailer tyre business ‘...

Hankook’s European original equipment truck and trailer tyre business ‘interrupted’

Date: 8th December 2022 Author: Tyrepress Editors Comments: 0
Hankook Tire Europe’s Neu-Isenburg headquarters Hankook Tire Europe’s Neu-Isenburg headquarters (Photo: Hankook)

A special report on a delicate situation shows why the major supplier to the European commercial vehicle tyre market made new supply agreements with contracted OEM partners, and how the period of flux could work in its favour as tender processes commence

Hankook Tire Europe’s intensive expansion of its original equipment truck tyres business over the last half-decade hit significant headwinds at the end of 2021. As a result, the manufacturer made the decision to largely discontinue corresponding deliveries at the start of 2022. Speaking to Tyres & Accessories’ sister magazine in Germany, Neue Reifenzeitung (NRZ), representatives from Hankook’s European headquarters in Neu-Isenburg were clear that the company had not withdrawn from original equipment, but that there has been an interruption, which will be followed by a “restart” in the next two years. This raises the question of how this strategic decision will be received in a shrinking market, while many in the aftermarket are wondering why such a drastic move was necessary in the first place.

The rest of this article is for subscribers only:
Log inSubscribe

Related news:

  1. Hankook extending core competencies to drive future growth
  2. Laufenn launch makes Hankook more holistic commercial tyre supplier
  3. Goodyear Ultra Grip Max T winter tyres OE on Schmitz Cargobull trailers
  4. Hankook introduces new Laufenn truck and bus tyres for UK market
Comments

Leave a Reply Cancel reply

Connect with:
Facebook Google Twitter

Your email address will not be published. Required fields are marked *

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on WhatsApp
  • Share on LinkedIn
  • Share on Reddit
  • Per E-Mail teilen

Advert Location 348

Related Tags

commercial vehicle tyres, featured, Guy Heywood, Hankook, MAN, Mercedes-Benz, original equipment, Scania, Schmitz Cargobull, trailer tyres, truck tyres

Advert Location 28

Top five articles this week

Advert Location 29

© 2020 - Tyrepress
  • Twitter
  • Facebook
  • Instagram
  • WhatTyre
  • Reifenpresse
  • PneusNews
DVSA issues “part worns: what operators need to know” advice Imthaz Amahed; Unsplash Falken becomes official partner of 2023 Men’s IHF World Handball Champion...
Scroll to top