Tag: Hankook Tire
Hankook Tire extending Real Madrid sponsorship to 2022/23
The sponsorship agreement between Hankook Tire and Real Madrid has been extended until the end of the 2022/23 season. This continued collaboration between tyre maker and Spanish La Liga football club was sealed at a ceremony recently held at Santiago Bernabéu stadium. Florentino Pérez, president of Real Madrid, and Sang Hoon Lee, Hankook Tire’s president in Europe, oversaw proceedings.
Sang Hoon Lee appointed president, COO of Hankook Tire Europe
Hankook Tire Europe says it is “repositioning itself for the new decade,” and to support this has given Sang Hoon Lee responsibility for its operative business in the Europe and CIS regions. As chief operation officer and president, Lee succeeds Han-Jun Kim as head of Hankook’s European headquarters.
Hankook Tire opens office for Austria & Switzerland
Hankook Tire is aiming for a “double-digit” share of the market in Austria and Switzerland, and to help grow the Hankook brand in both countries it has opened a new branch office in Vienna.
Soo II Lee to lead Hankook Tire America
As of mid-January 2020, Soo II Lee will become president of Hankook Tire America Corp. He will serve in this capacity alongside his existing remit of president and chief operating officer of Hankook Tire & Technology, an arrangement that will see him split his time between Hankook’s America headquarters in Nashville, Tennessee and the company’s global headquarters in Seoul, Korea.
Hankook supplying OE tyres for Audi SQ8
Audi has released a performance version of its Q8 SUV coupe, and Hankook Tire says it is supplying original equipment tyres. Specifically, the Audi SQ8 TDI will be available with the Hankook Ventus S1 evo 3 SUV and Winter i*cept evo 2 SUV in sizes 285/45 R21 113 Y XL and V XL. A 22-inch fitment of the summer tyre will follow – The SQ8 will receive the Ventus S1 evo 3 SUV in size 285/40 R22.
Hankook Tire CEO Cho indicted on bribery, embezzlement charges
South Korea’s Yonhap News Agency has reported the indictment of Cho Hyun-bum, chief executive of tyre maker Hankook Tire & Technology. According to Yonhap, prosecutors said yesterday that Cho was indicted for accepting bribes and embezzling corporate funds.
Hankook CEO arrested on bribery charges
Hankook Tire chief executive Cho Hyun-bum was arrested in Seoul on allegations including bribery and embezzlement on Thursday 21 November 2019, according to local news sources including The Korea Times and Reuters.
Hankook Tire: Operating profit lower in Q3 2019
Hankook Tire has reported consolidated global sales of KRW 1,833.2 trillion (£1.2 billion) for Q3 2019, a 4.4 per cent increase compared with the third quarter of last year. EBITDA declined 3.2 per cent to KRW 333 billion (£223.0 million), with the margin decreasing 1.4 percentage points to 18.2 per cent. Operating profit amounted to […]
Hankook Tire extends Canada ice hockey sponsorship
Hankook will serve as the official tyre of Hockey Canada until 2024 thanks to an expansion of the relationship between the association and Hankook Tire Canada. Through the partnership. Hankook Tire’s local operation will support Hockey Canada’s efforts to engage fans and grow the game, participate in its signature events and will act as an international partner at various championships.
Hankook appoints new UK managing director
A new face at Hankook’s Daventry office. As of 1 October, Chang Yool Han holds the position of managing director at Hankook Tyre UK. He succeeds Brett Emerson, who has returned to Bridgestone as director of its Consumer business unit for the North Region.
Porsche Cayenne factory-fitted with Hankook tyres
Hankook Tire reports that it has been supplying the Porsche Cayenne ex-works with its flagship UHP tyre, the Ventus S1 evo 3 SUV, since June. The mixed fitment sees the Cayenne wear the Ventus S1 evo 3 SUV in size 285/40 ZR 21 (109Y) XL at the front and 315/35 ZR 21 (111Y) XL at the rear.
New Hankook all-season, winter van tyres
Winter is on its way, and Hankook Tire has released two new tyres to keep vans on the move in the colder months. The Hankook Vantra ST AS2 is a completely new all-season tyre for vans and light commercial vehicles. Those who prefer a dedicated winter tyre can choose the Hankook Winter i*cept LV.
Swiss ‘eRod’ maker chooses Hankook as tyre partner
Hankook Tire has signed a partnership agreement with the Swiss company Kyburz. The first project under this agreement will be to fit Kyburz’s eRod roadster with ultra-high-performance tyres from the Ventus line. The road-legal electric sports car will be equipped with the Ventus V12 evo 2 in size 195/50R15 V. Hankook also becomes the recommended replacement tyre brand for the eRod.
Audi Q8 factory-fitted with Hankook tyres in Europe, North America
Three Hankook tyre models have been chosen as original equipment for the new Audi Q8. Customers in Europe can receive their crossover fitted with a size 285/45 R21 113 Y XL Ventus S1 evo 3 SUV or, if selecting a winter tyre, the Winter i*cept evo 2 SUV in 285/45 R21 113 V XL. In North America, the Hankook Dynapro HP 2 Plus will be an original equipment tyre for the Audi Q8 in sizes 275/50 R20 113H X, 285/45 R21 113H XL and 285/40 R22 110H XL. Hankook Tire reports that further dimensions will follow.
Hankook Tire postpones Hungary truck tyre plant
News reports from Hungary suggest Hankook Tire has put on hold plans to set up a truck tyre production unit at its Rácalmás plant. English-language publication the Budapest Business Journal writes that fellow business daily Világgazdaság shared this news with its readers yesterday.