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Hankook Tire Ranked 9th in Sales
In its January issue, Modern Tire Dealer released its annual ranking of the world’s top tiremakers on the basis sales. Hankook Tire’s sales totaled US$1.62 billion (including China operations) last year, up 8.7% year on year, to edge out Toyo of Japan (US$1.3 billion in tires sold) for 9th place. The top ten on the list in descending order were: Michelin, Bridgestone, Goodyear, Continental, Pirelli, Sumitomo, Yokohama, Cooper, Hankook Tire and Toyo. The monthly US-based journal reports on global tire industry trends as well as on the latest products and technologies.