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A new high-styrene polymer enhances the Hankook Ventus S1 evo2’s wet braking performance.
April 1, 2014

Hankook earns sixth fitment with BMW

The Hankook Ventus S1 evo2 has been selected as original equipment on the new BMW 4-Series. Hankook Tire Co. Ltd. will supply the tires in size 225/50WR17.

Tags: Hankook Ventus, OE tires, Seung Hwa Suh

January 28, 2014

Hankook posts record global sales in 2013

Hankook Tire Co. Ltd. posted record net sales of nearly 7.1 trillion won, which was 20 billion won more than in fiscal 2012.

Tags: Hankook financials, OE tires, Plants, Seung Hwa Suh

Hankook will build $800 million plant in Tennessee
October 14, 2013

Hankook will build $800 million plant in Tennessee

In Clarksville, Tenn., $800 million will build you a consumer tire plant. Hankook Tire Co. Inc. will begin construction of its eighth tire production facility worldwide – and first in the United States -- in Clarksville in 2014.

Tags: Clarksville, Hankook financials, Plant capacity, Plants, Seung Hwa Suh

 The Mercedes-Benz S-Class is recognized as one of the finest luxury cars in the world,  says Seung
September 2, 2013

OE push: Hankook supplies Mercedes-Benz, BMW, Toyota and Nissan

Hankook Tire Co. Ltd. has been chosen by Daimler AG as the original equipment supplier for the new Mercedes-Benz S-Class, which will initially be fitted with Hankook Tire Ventus Prime² tires in size 245/55 R 17 102 W.

Tags: Hankook Ventus, Mercedes-Benz S-Class, OE tires, Seung Hwa Suh

July 30, 2013

Hankook in 2Q ’13: Net sales up 1.4% YoY

Hankook Tire Co. Ltd. has announced that in fiscal 2013 second quarter, the company posted global consolidated quarterly net sales of $1.7 billion (KRW 1.87 trillion), and its operating profit marked $241.8 million (KRW 271.3 billion) with a healthy operating profit to sales ratio of 14.5%.

Tags: Hankook financials, Hankook Tire Co. Ltd., Seung Hwa Suh

May 31, 2013

Hankook to expand plant in Hungary

Hankook Tire Co. Ltd. has announced a $405 million expansion to its European production facility in Racalmas, Hungary. It will be the third expansion of the plant. Upon completion, Hankook’s investments in Hungary will total more than $1.14 billion.

Tags: European production facility, Hankook, Hungary, Seung Hwa Suh

April 29, 2013

Hankook 1Q sales down, operating income up

Hankook Tire Co. Ltd. recorded consolidated sales of 1.68 trillion won for the first quarter of 2013. That compares to sales of 1.71 trillion won for the same period last year.

Tags: Hankook financials, Seung Hwa Suh, UHP tires

February 4, 2013

Hankook ups fiscal year sales by 13.7%

Hankook Tire Co. Ltd. posted net sales of 7 trillion won for its fiscal year ended Dec. 31, 2012. That compares to sales of nearly 6.5 trillion won for 2011.

Tags: Byeong Jin Lee, Hankook financials, Seung Hwa Suh, UHP tires

November 1, 2012

Hankook’s 3Q sales increase 5.8%

Hankook Tire Co. Ltd. posted net sales in the company’s 2012 third quarter of more than 1.79 trillion won, a 5.8% year-over-year increase. Operating profit for the quarter also saw a 21.7% year-over-year increase to 219.6 billion won.

Tags: Hankook financials, OE tires, Seung Hwa Suh, UHP tires

July 31, 2012

Hankook's 2Q sales increase 18.5%

Hankook Tire Co. Ltd. posted net sales of more than 1.8 trillion won for the second quarter ended June 30, 2012. That compares to sales of more than 1.5 trillion won for the same period in 2012.

Tags: Hankook financials, OE tires, Seung Hwa Suh, UHP tires

May 1, 2012

Hankook increases 1Q sales by 17.1%

Hankook Tire Co. Ltd. recorded consolidated sales of 1.71 trillion won for its first quarter ended March 31, 2012. That compares to sales of more than 1.4 trillion won for the same period last year.

Tags: Hankook financials, Raw material costs, Seung Hwa Suh, Soo Il Lee

July 27, 2011

Hankook Tire reports record sales in Q2 2011

Hankook Tire Co. Ltd. announced that its second quarter global consolidated sales were 1.58 trillion Korean Won (KRW), recording a 21% year-on-year (YoY) increase. The company’s second quarter operating profit recorded KRW 110.7 billion.

Tags: Hankook 70th Anniversary, Hankook financials, Seung Hwa Suh

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