Hankook Tire Recognized by General Motors as a 2017 Supplier of the Year
May 10, 2018 (Detroit, Michigan, USA) – Hankook Tire was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony held Friday, April 20 in Orlando, Florida.
GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations, created outstanding value or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992. This is the second consecutive year Hankook has received the award.
“This is an opportunity for General Motors to honor those suppliers who are truly the best of the best,“ said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. “The automotive industry is transforming at an incredible rate. The relationships we have with our supply base means everything when it comes to delivering a strong vehicle lineup today and the cutting-edge vehicles and mobility services of tomorrow.“
More than 45 percent this year’s Supplier of the Year awardees are repeat winners from 2016.
GM’s Supplier of the Year award is reserved for suppliers who distinguish themselves by meeting performance metrics for quality, execution, innovation, and total enterprise cost. Award winners represent companies who provide products and services to General Motors in the areas of vehicle components, supply chain and logistics, customer care and aftersales, and indirect services.
“Hankook is honored to receive a GM Supplier of the Year award again this year,“ said Hankook Tire President & CEO Hyun Bum Cho. “We value our partnership with GM and believe this award two years in a row is a testament to our strong partnership and continued growth together.“