Kumho Tire

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Retail Asia13/04/2021

South Korea’s Kumho Tire plans to invest $305 million to expand its plant in Vietnam. The expansion, when completed in the first quarter of 2023, is expected to nearly double the plant’s capacity to 9.3 million tires a year. “After considering our plans to increase exports to North America and potential U.S. anti-dumping duties, we […]

Retail Asia22/09/2016

Creditors of Kumho Tire gave formal notice this week that they will hold an open auction for their respective holdings in the South Korean tyre manufacturer with preliminary bidding scheduled to start in early November. The creditors involved are eight financial institutions including Woori Bank, state-owned Korea Development Bank and KB Kookmin Bank. Together they own […]

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Tag: Kumho Tire

Kumho Tire eyes expansion of Vietnam plant

Kumho Tire auction to start in November