Hankook Tire & Technology Co. Ltd. reported second-quarter 2025 tire-division sales of $1.7 billion, up 8.4% year over year. Operating profit for the tire division reached $249.1 million. Company-wide, Hankook posted $3.8 billion in sales and $254.3 million in overall operating profit for the quarter.
Replacement and OE Growth
Hankook said momentum came from strong demand in both replacement and original equipment (OE) channels worldwide, along with a richer mix of high-value products. Tires 18 inches and larger accounted for 47.2% of passenger and light truck tire sales in the first half of 2025, a 0.6-point increase from a year earlier.
In OE, EV-specific tires represented 24% of sales, seven points higher than the same quarter last year. The company broadened its OE footprint in 2Q 2025, supplying tires for Lucid’s first electric SUV, Kia’s new EV sedan, and additional models. Hankook now serves about 50 global brands across more than 280 vehicle nameplates.
U.S. Expansion
In the United States, Hankook’s Clarksville, Tenn., plant is gearing up to start TBR (truck and bus radial) production later this year as part of a $1.6 billion expansion that will also double consumer tire capacity. The site is targeting daily output of roughly 3,000 TBR units, or about one million annually. Rob Williams, president of Hankook Tire America Corp., said the investment supports growth in the U.S. market and strengthens local-to-local supply chain efficiency.
Product and Warranty Updates
Hankook introduced the iON HT, its first highway-terrain tire designed for electric light-duty pickups, featuring an XL load designation to handle both battery mass and cargo demands. The company also launched the SURETIRE warranty program, offering 30- to 100-day free trials across multiple lines—including Ventus, Dynapro, Kinergy, Weatherflex, icept, ipike, and iON—along with ongoing treadwear mileage coverage and road hazard protection.