Tag: Kumho

Kumho’s updated 2018 car tyre range

Kumho’s updated 2018 car tyre range

Friday 19th January 2018 | 0 Comments

At the start of the year both Kumho and long-term UK distributor Micheldever announced that the two parties would stop working together at the end of May. The upshot is that from the second half of 2018 Kumho will being distributing its car tyre products itself. It’s too early to talk about this in any more detail and this month’s car tyre feature is somewhat more product orientated, so here’s a run-down of the South-Korean tyremaker’s UK 2018 car tyre range.

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Korea Development Bank could halt Kumho restructuring, trigger receivership

Friday 12th January 2018 | 0 Comments

Kumho Tire has been attempting to downsize for a possible sale, according to the Korea Times. At the same time, the Korea Development Bank (KDB) is threatening to withdraw support for Kumho Tire unless the tyremaker can agree restructuring terms with its trade unions. And this in turn could trigger receivership.

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Kumho UK to take over when Micheldever tyre distribution ends in May

Thursday 4th January 2018 | 0 Comments

Following the news that Micheldever and Kumho Tyre are ending their 15-year distribution relationship, Kumho Tyre (UK) Ltd. (KTUK) has confirmed that the cooperation will end in May 2018. After that date, KTUK will itself be responsible for distributing Kumho branded car, 4x4 and van products in the UK (excluding Northern Ireland).

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Jung becomes Kumho Europe MD

Jung becomes Kumho Europe MD

Wednesday 3rd January 2018 | 0 Comments

Namwook (NW) Jung was appointed the new managing director of Kumho Tire Europe GmbH in Offenbach am Main on 1 December, 2017, replacing Steve Yeom. He is responsible for the replacement business in Germany, Switzerland and the Benelux.

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Micheldever ending Kumho tyre distribution in May

Micheldever ending Kumho tyre distribution in May

Wednesday 3rd January 2018 | 0 Comments

Micheldever Tyre Services (MTS) has confirmed it is ending its 15-year tyre distribution partnership with Kumho Tyre in the UK. According to the company, the exclusive distribution agreement with Kumho Tyre will “end by mutual agreement” by the end of May 2018. However, MTS says the decision has also been prompted by a “clash of long-term ambition” for the Kumho brand in the UK. It comes at the same time Kumho’s global headquarters is embroiled in a complex ownership and financing struggle.

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Kumho Crugen HP71 coming to UK

Wednesday 13th December 2017 | 0 Comments

The Kumho Crugen HP71 SUV tyre, recipient of a 2017 Red Dot Award For Product Design, will be released in global markets within the next two years. According to Kumho Tire Europe, this rollout includes a launch in Europe and the UK.

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Rally success a highlight of Kumho’s motorsport year

Monday 11th December 2017 | 0 Comments

A great deal of serious rallying takes place in Ireland, continually reminding us of the wealth of natural driving talent that exists on the island from which Paddy Hopkirk MBE emerged all those years ago. The conditions are often wet and slippery, and Kumho Tyres says this is a medium in which its competition tyres have frequently proved themselves the cream of the crop, adding that they often did once again in 2017.

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New Kumho bus, trailer tyres

Friday 1st December 2017 | 0 Comments

Two new additions will soon join the Kumho commercial vehicle tyre portfolio, the KCA03 for urban bus applications and the KXT10 trailer tyre.

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Kumho Tire appoints Kim Jong-ho as CEO

Friday 1st December 2017 | 0 Comments

As expected, Kim Jong-ho has returned as chief executive officer of Kumho Tire. The former company president and chief executive officer was named the tyre maker’s new chairman and chief executive officer at an extraordinary meeting of shareholders. It is understood that he will hold this position for a three-year term. s

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Kumho-shod McCormack takes outright honours at Roger Albert Clark Rally

Thursday 16th November 2017 | 0 Comments

Marty McCormack drove his Kumho-shod MKII Ford Escort to a memorable outright victory in last weekend’s Roger Albert Clark Rally, a drive some have called the toughest British special stage event of the last 20 years.

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Kumho takeover implosion isn’t the end of market consolidation attempts

Monday 9th October 2017 | 0 Comments

No I am not talking about the unqualifiable rumours that Doublestar made an offer of up to 250 million euros for Zenises. Rather, that in the first week of September we learnt that Doublestar’s proposed acquisition of Kumho was collapsing before the firm’s eyes after the Qingdao-Chinese tyre manufacturer asked for a double-digit discount. And it is also worth considering what all this means for the wider tyre manufacturing sector.

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Apollo Tyres ‘has no intention’ of entering Kumho acquisition race

Monday 2nd October 2017 | 0 Comments

Apollo Tyres has denied reports published in India’s Economic Times suggesting that it is about to enter the race to acquire Kumho Tire. An Apollo spokesperson told Tyres & Accessories: “Apollo Tyres strongly denies the story headlined 'Apollo Back in Kumho Race as Geopolitics Sours China Deal’ that appeared in the print edition of The Economic Times on 2 October, 2017.

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Reports: Doublestar/Kumho acquisition close to collapse

Wednesday 6th September 2017 | 0 Comments

Doublestar’s proposed acquisition of Kumho is reportedly close to collapse after the Qingdao-Chinese tyre manufacturer asked for a double-digit discount. According to reports in the Nikkei, Kumho's major shareholders are planning to write to Doublestar asking the firm to agree to the end of bid talks between the two parties.

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Kumho ‘lifestyle’ SUV, off-road tyres added to ‘comprehensive’ 4×4 range

Tuesday 5th September 2017 | 0 Comments

Kumho has recently enhanced its 4x4 tyre range with the addition of the Crugen HP91 and Crugen KL33 SUV tyres, fitments which seek to attract interest from road-going owners of vehicles in the segment, as well as 14 SUV sizes in its Solus 4S HA31 range. The newest tyres in the range join the cross-functional new Road Venture MT51 and established KL71 to cover most fitments for popular 4x4 and SUV vehicles. Between them, Kumho states that they cover everything from such top end SUVs as the Range Rover and the BMW X5 to the evergreen Land Rover Defender.

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Kumho introduces SUV version of Solus 4S HA31

Kumho introduces SUV version of Solus 4S HA31

Wednesday 23rd August 2017 | 0 Comments

The addition of 14 SUV sizes to the Kumho Solus 4S HA31 range boosts the total portfolio to more than 90 different dimensions. The newly-released Kumho Solus 4S HA31 SUV is available in 16- to 18-inch sizes in sizes to fit vehicles such as the VW Tiguan, Nissan Qashqai, Vauxhall Mokka, Audi Q3/5/7 and BMW X3/4/5.

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