Hankook earnings down 3.2% in Q3 despite higher sales

SEOUL, South Korea — Hankook Tire & Technology Ltd. reported a 3.2% drop in pre-tax operating income for the quarter ended Sept. 30 on 4.4% higher sales, citing “weakened consumer confidence caused by the global economic downturn” for “intensified tire market sales competition.”

Read the source article at Tire Business

Hankook technology uses artificial intelligence to build a better tire

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SEOUL, South Korea — Hankook Tire & Technology Co. Ltd. unveiled its new Virtual Compound Design system, designed to help predict the characteristics of a tire compound through artificial intelligence analysis, eliminating the need for actual testing.

Read the source article at Tire Business

Hankook Tire present full range of truck and bus tires at Solutrans 2019

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Hankook Tire attended the Solutrans Exhibition in Lyon, France for the 5th consecutive year.

From November 19 – 23, the tire maker displayed its full range of bus and truck tires as well as services dedicated to their offers.

“The Solutrans Exhibition is one of the most important platforms for the French tire trade market, which is constantly growing in the commercial vehicles sector.

Read the source article at Traction News

Hankook Tire unveils all-new Dynapro MT2 off-road tire

Hankook Tire unveils the all-new Dynapro MT2 off-road tire, the successor of the popular off-road-focused Dynapro MT tire. The company says the new Dynapro MT2 mud terrain tire features next-generation MT tread design ideal for outdoor enthusiasts.

Engineered with 3D simulation software, Hankook leveraged the latest tire manufacturing processes to develop the Dynapro MT2’s Terrain Strike Tread Design.

Read the source article at Traction News

Hankook’s Tires Selected for Audi’s Q8 Series

Hankook Tire has announced that its tires have been selected as original equipment for the new Audi Q8.

The Audi Q8 SUV Coupé is to be fitted with Hankook tires in dimensions ranging from 20 to 22 inches. As stated by the tire manufacturer, three of its tire lines have been selected to equip the four-door SUV Coupé.

Read the source article at Autosphere.ca

Pirelli, Nokian, Hankook among sustainability index leaders

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NEW YORK — Pirelli & C. SpA, Nokian Tyre P.L.C. and Hankook Tire & Technology Co. Ltd. are among the tire manufacturers named in the latest Dow Jones Sustainability World and Europe Indexes, which is conducted annually by RobecoSam and S&P Dow Jones.

Pirelli earned the top spot globally in the automobile and components sector with 85 points, nearly 50 points higher than the sector average of 36 points.

Read the source article at Tire Business

Hankook Tire Launches Fall Classic Rebate

With baseball season in full swing, Hankook Tire, the official tire of Major League Baseball, wants drivers to hit a home run on a new set of tires.

Hankook Tire’s Fall Classic Rebate gives buyers a chance to receive up to a $70 prepaid Mastercard when purchasing a set of one of six of Hankook’s most popular passenger and light truck tire models.

Read the source article at Aftermarket News

Bridgestone retains top spot in Global Tire ranking

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Japan’s Bridgestone Corp. retained the title of world’s largest tire maker for the 11th straight year, edging out France’s Group Michelin again.

Read the source article at European Rubber Journal

Hankook earnings drop 42% in Q2, sales up

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SEOUL, South Korea — Hankook Tire Co. Ltd. suffered a 42.2% drop in operating income for the quarter ended June 30 on 2.1% higher revenue, driven by increased sales of higher rim-diameter tires.

Read the source article at Tire Business

Toyo Tires setting up European R&D centre

In just a few months’ time, Toyo Tire Corporation will begin research and development work at a new site in Europe. The tyre maker is setting up an R&D centre in Willich, Germany to support its future factory in Serbia, and intends to start operations there in the autumn. Having a local R&D presence in the vicinity of vehicle manufacturers and related companies will, says Toyo, be beneficial in terms of the quality and freshness of the information gained.

Read the source article at Tyrepress