Tire Review: Information, Products, Business Operations

According to Korean media, Qingdao Doublestar Co. is in its final stages of the majority share purchase of Kumho Tire Co.
The China-based tiremaker recently submitted documents for the Korean government’s approval of the approximately $857 million deal. Additionally, Kumho Tire creditors are reportedly in the final process to wrap up the deal, which includes the rights...

Hankook Tire Co. has released its financial results for the second quarter of 2017, announcing sales totaling $1.48 million and an operating profit of $266.7 million.
Hankook had a 1.7% increase in sales during its second quarter, compared to the previous quarter; however, its operating profit saw a decrease of 12.3%, which can be attributed to the rising cost of raw materials. Compared to the same period last year...

Milestar Tires, a brand of Tireco, has announced the launch of it’s new website– www.milestartires.com.
“We’re excited to launch a new website that helps tell our story and allows for ease of use, navigation, and search,” said Andrew Hoit, Tireco’s vice president of sales and marketing. “We’re dedicated to providing our dealers and consumers the best,...

Continental Tire the Americas General brand has unveiled its new Grabber APT, an all-purpose-terrain tire designed specifically for on-road, off-road and snow performance.
The Grabber APT is positioned in a spot that was not filled in the current Grabber product portfolio between the all-terrain Grabber AT2 and the highway-terrain Grabber HTS60, Continental said....