Hankook Tire

Hankook manufactures and sells automotive tires and tubes for passenger cars, sports utility vehicles, busses and trucks. Read more

Soo Il Lee's photo - President & CEO of Hankook Tire

President & CEO

Soo Il Lee

CEO Approval Rating

85/100

Founded:

1941

Status:

PublicIndependent CompanyKorea Exchange161390

HANKOOK TIRE TOP COMPETITORS OR ALTERNATIVES

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Goodyear is Hankook Tire's #1 competitor. Goodyear was founded in Akron, Ohio} in 1898. Like Hankook Tire, Goodyear also competes in the Automobile Parts industry. Compared to Hankook Tire, Goodyear generates $6.8B more revenue.

Toyo Tire is one of Hankook Tire's top competitors. Toyo Tire was founded in 1966 in Cypress, California. Like Hankook Tire, Toyo Tire also operates in the Automobile Parts industry. Toyo Tire generates $5.2B less revenue than Hankook Tire.

Bridgestone is a top competitor of Hankook Tire. Bridgestone was founded in 1931, and is headquartered in Chuo-ku, Tōkyō Prefecture. Like Hankook Tire, Bridgestone also competes in the Automobile Parts field. Bridgestone generates $24.1B more revenue vs. Hankook Tire.

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Hankook Tire Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$5.9B

Hankook Tire's revenue is the ranked 4th among it's top 10 competitors. The top 10 competitors average 6.2B. Over the last three quarters, Hankook Tire's revenue has grown by 77%. Specifically, in Q4 2020's revenue was $2B; in Q3 2020, it was $1.6B; in Q2 2020, it was $1.1B.

Hankook Tire Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Reifen Muller GmbH & Co. KG

Jul 2018

Source »
undisclosed
Reifen-Muller is a wholesale retailer of car and commercial vehicle tires and provides mobile retreading services.
Model Solution Ltd

May 2018

Source »
$63.4M
Model Solution is a provider of precision prototypes, tooling and manufacturing services.
JAX Quickfit Franchising Systems Pty Limited

Feb 2017

Source »
undisclosed
JAX Tyres is a retail chain that specializes in the sales and service of tyres, wheels, brakes and suspension.

These are all the companies that Hankook Tire has acquired. Hankook Tire has acquired 3 companies and its latest acquisition was Reifen Muller GmbH & Co. KG in Jul 2018. Reifen-Muller is a wholesale retailer of car and commercial vehicle tires and provides mobile retreading services.

Hankook Tire Funding History

No recent funding data found related to Hankook Tire

Hankook Tire Investments

No recent investments found related to Hankook Tire

These are all the companies that Hankook Tire has invested in. Hankook Tire has invested 3 companies and its latest investment was Reifen Muller GmbH & Co. KG in Jul 2018. Reifen-Muller is a wholesale retailer of car and commercial vehicle tires and provides mobile retreading services.

Hankook Tire News

May 26, 2021Rubber & Plastics News

Hankook, Sumitomo oppose duties on Asian-sourced tires

Hankook and Sumitomo are both urging the U.S. to reconsider duties on tire imports from South Korea, ... See more »
May 12, 2021Tyrepress

Hankook continues Supercar Fest partnership

Hankook Tyre UK is the official tyre sponsor at Supercar Fest for a second year. After the event's su... See more »
May 11, 2021News Break

Hankook & Co. Announces 'S.T.R.E.A.M.' To Celebrate 80th Anniversary - News Break

Hankook & Company, the holding company of Hankook Tire & Technology Co. Ltd., announced "S.T.R.E.A.M.... See more »
May 7, 2021Traction News

Hankook Tire chosen as exclusive tire partner for W Series at Formula 1

Hankook Tire announce it will once again be the exclusive tire supplier of the W Series at Formula 1 ... See more »
May 7, 2021Tyrepress

Hankook Tire's Q1 figures show increased turnover and operating profit

Hankook's 2021 Q1 financial results show consolidated global sales rising 12.6 per cent YoY to KRW 1.... See more »
May 5, 2021Rubber & Plastics News

Hankook's Q1 sales, earnings up double digits

SEOUL, South Korea-Hankook Tire & Technology Co. Ltd. recorded double-digit improvements in sales and... See more »
May 3, 2021Rubber & Plastics News

Hankook gains OE fitments on Porsche Boxster, Cayman

Porsche has selected versions of Hankook's Ventus S1 evo 3 ultra-high-performance tire line as OE fit... See more »

Hankook Tire Press Releases

November 5, 2020EconoTimes

Germany's Audi RS models now equipped with S. Korea's Hankook tires

Hankook Tire & Technology Co. revealed that it had been supplying high-performance Ventus S1 evo 3 an... See more »
June 15, 2020StreetInsider

Hankook Tire to Equip the All-New 2021 Chevy Trailblazer with Kinergy GT

NASHVILLE, Tenn., June 15, 2020 /PRNewswire/ -- Leading global tire maker...... See more »
October 7, 2019PR Newswire

Hankook Tire Secures UHP OE Fitment on Porsche Cayenne

NÜRBURGRING, Germany, Oct. 7, 2019 /PRNewswire/ -- Premium tire maker Hankook Tire has been supplying... See more »
May 23, 2019WebWire

Hankook Tire's Ventus S1 evo 3 Achieves Top Position And Outstanding Rating From Auto Bild Tire Test

The all new Hankook Ventus S1 evo 3, an Ultra-High-Performance tire for passenger cars and SUVs, has ... See more »
May 3, 2019WebWire

Ninth DTM Season, New Partnerships With Renowned Racing Series, and a New High-End Road Tire

Hankook Tire is continuing at full throttle and consistently expanding its involvement in motorsport.... See more »
March 25, 2019PR Newswire

Hankook Tire Gauge Reveals 83 Percent of Americans Plan to Drive the Same or More This Year

NASHVILLE, Tenn., March 25, 2019 /PRNewswire/ -- Drivers are hitting the road this year as 83 percent... See more »
August 30, 20181888 Press Release

Hankook to Introduce Two Rally-Inspired Winter Tyres Globally

Experts believe that these two new models will have a slightly higher price than winter tyres availab... See more »

Hankook Tire Videos

April 22, 2021Hankook Tire Youtube Channel

"[Hankook Tire] UEFA Europa League" on YOUTUBE

April 22, 2021Hankook Tire Youtube Channel

"[Hankook Tire] UEFA Eurpa Liga" on YOUTUBE

April 22, 2021Hankook Tire Youtube Channel

"[Hankook Tire] " on YOUTUBE

April 12, 2021Hankook Tire Youtube Channel

"[Hankook Lastikleri] TASARIM YENL" on YOUTUBE

Social Media

Hankook Tire Headquarters

133 Teheran-ro Bldg. 133

Gangnam-gu, Seoul Teugbyeolsi135080

82-2-2222-1000

Driving Directions »

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Hankook Tire Summary

ABOUT

Overview

Hankook manufactures and sells automotive tires and tubes for passenger cars, sports utility vehicles, busses and trucks. Hankook Tire was founded in 1941. Hankook Tire's headquarters is located in Gangnam-gu, Seoul Teugbyeolsi, KR 135080. Hankook Tir...

CEO

Hankook Tire's President & CEO, Soo Il Lee, currently has an approval rating of 85%. Hankook Tire's primary competitors are Goodyear, Toyo Tire & Bridgestone.

Frequently Asked Questions about Hankook Tire

  1. When was Hankook Tire founded?

    Hankook Tire was founded in 1941
  2. Who is Hankook Tire's CEO?

    Hankook Tire's CEO is Soo Il Lee
  3. How much revenue does Hankook Tire generate?

    Hankook Tire generates $5.9B in revenue
  4. How much funding does Hankook Tire have?

    Hankook Tire has historically raised $0 in funding
  1. Where is Hankook Tire's headquarters?

    Hankook Tire's headquarters is in Gangnam-gu Seoul Teugbyeolsi, KR
  2. How many employees does Hankook Tire have?

    Hankook Tire has 6,682 employees
  3. What sector does Hankook Tire operate in?

    Hankook Tire is in Automobile Parts, Automobile Manufacturers
  4. Who are Hankook Tire's competitors?

    Hankook Tire's top competitors are Goodyear, Toyo Tire, Bridgestone