Author Archives: William Mutugi

Kumho Tire Records Profit For The First Time Since 2016

Kumho Tire is finally picking up speed with normalizing operations after experiencing a three-year losing streak. According to earning reports released just recently, the tire manufacturer recorded an operating profit amounting to $68.86 million over the last year. This is the first time its recording profits since 2016. The CEO, Jeon Dae-jin, had earlier pledged […]

New NanoEnergy M671 Drive Tire by Toyo Tire

Toyo-Tires-M671

Toyo Tire has a new addition to its portfolio of commercial tire line up. The new NanoEnergy M671 is a super regional drive tire that provides excellent wear life, better fuel efficiency and superior traction. It uses tread compounds developed using Toyo Tire’s Nano Balance Technology. A superior e-balance design keeps the tread profile in […]

Michelin to Partner with Tire Recycler Enviro

Global tire manufacturer Michelin and Scandinavian tire recycler Enviro have signed a letter of intent that will see Michelin acquire 20% of Enviro’s shares in what the two have termed as the start to a long-term partnership. The effort is part of Michelin’s move to expand its sustainability portfolio. In 2018, the company acquired US-based […]

Nexen Tire Provides Support for Dealer Network During COVID-19

Nexen Provides Support for Dealers

Nexen Tire is a leader in the production of high-performance light truck, SUV, passenger, and winter tires that deliver world-class service to vehicle owners. During the COVID-19 pandemic, the tire manufacturer will provide world-class support to Nexen tire dealers nationwide. The support encompasses full tire distribution capabilities from all distribution facilities owned by the company. […]

Hankook Tire Offers 2020 Change-Up Rebate to Consumers

Hankook Tire is currently offering a new 2020 Change-Up Rebate as teams and fans await the return of the Opening Day. The tire manufacturer is giving customers an opportunity to save up to $80 when they purchase a selection of summer and all-season performance tires. The selected tires cover a broad spectrum of vehicle types […]

Pirelli Scrapped 1800 Formula 1 Tires After Australian Grand Prix Was Canceled

A typical Formula One race involves a lot of moving pieces. One such piece is the supply of tires. Pirelli has been at the forefront of delivering and mounting thousands of tires on each racing weekend for years. In a recent interview with Motorsport.com, the tire manufacturer said that it had to get rid of […]

Hankook Tire to be Original Equipment in 2020 Ford Super Duty Chassis Cab

Hankook Tire recently announced that it will be supplying original equipment tires to Ford for the automaker’s Super Duty F-450 and F-550 Chassis Cab. The tires picked for this include all-seasons tires SmartFlex DH35 and AH 35. The former is the latest addition to Hankook Tire’s growing TBR portfolio. The move showcases the increased preference […]

Hankook Celebrates Growth At Annual Partner’s Day

Hankook Tire celebrated its 2019 successes in Riviera Maya, Mexico where the company gathered its best customers and partners. In addition to the celebrations, Hankook shared its plans and strategic vision for continued collaboration and growth in 2020. In 2019, the tire manufacturer strengthened its premium and domestic OE sponsorships with key suppliers such as […]