News

Kumho Suffers Fiscal Loss Followed by a 2-Day Strike

Kumho Tire Co. Ltd. posted a net loss of 58.4 billion won on net sales of more than 2.9 trillion won for its fiscal year ended Dec. 31, 2016. That compares to a net loss of 69.3 billion won on sales of 3 trillion won for fiscal 2015.

News

Marangoni wants to sell tire plant in Italy

The Marangoni Group is serious about selling its consumer tire manufacturing plant in Anagni, Italy. It has hired PricewaterhouseCoopers LLP (PwC) to help with the sale.

News

Will ports stay open? AAIA urges action

The Automotive Aftermarket Industry Association (AAIA) joined 107 local, state and national trade associations expressing concern over a potential East and Gulf Coast port strike.

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