Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / South Korea

Hankook's Landmark Toyota Deal Backs Supplier View

December 2011 | Industry News

South Korea's Hankook Tire has secured a contract to supply tyres for Toyota Motor's iQ mini car, further endorsing BMI's view that South Korean suppliers will win business away from Japanese counterparts as a result of the strong yen and the disruption caused by the earthquake and tsunami in March 2011. Indeed, the contract marks the first time that a South Korean firm has supplied

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