Tire Review Editor Becomes Weditor, Changes Name to Hoying
On May 5, Tire Review Editor Patti Renner and Michael Hoying were married in a small ceremony in Medina, Ohio. She has chosen to take her husband’s name and is now Patti Hoying.
Kumho Tire Creditors Continue with Negotiations
The main creditor of Kumho Tire, Korea Development Bank (KDB), is again in negotiation with China’s Qingdao Doublestar, but additional variables in play may pose serious challenges to any new deals.
Park Denies Creditors Free Use of Kumho Brand
As Kumho Tire’s Kim Jong-Ho takes the helm Dec. 1, the battle continues between outgoing Kumho Chairman Park Sam-koo and the Korea Development Bank (KDB).
Kumho Deal Crumbles, Creditors Reject Demands
After a year of negotiation regarding the acquisition of Kumho Tire by Qingdao Doublestar, the deal could be back at square one.
Kumho Disputes Creditor Evaluation
Kumho Tire Co. is taking legal action against the Korea Development Bank’s (KDB) evaluation of its management, according to Korean media.
Kumho Tire Creditors Continue to Seek Brand Rights for Doublestar
Kumho Tire Co. could be headed toward bankruptcy court if Kumho Asiana Group doesn’t give Qingdao Doublestar trademark rights for Kumho Tire, The Korean Herald reports.
Report: Politicians Urge Creditors Not to Sell Kumho Tire to China
South Korean politicians have voiced their concerns about the pending Kumho Tire/Doublestar Tyre Co. deal, asking the Korea Development Bank (KDB) and other creditors not to sell to a Chinese company, the Korea Times reports.
Visit the Tire Review Editors at SEMA
The Tire Review staff will be on hand during the SEMA Show next week and we want to meet you. Stop by our booth (#41078) in South Hall to talk with us. Below are times our editors and “Selling Smart” columnist will be at the Tire Review booth to meet with you: Patti Renner, editor
Report: Creditors Prepare to Sell Kumho Tire Share
After no moves were made it August, Reuters has reported creditors of Kumo Tire are still preparing to sell their 42% share in the tire company. It is estimated Kumho Tire could sell for at least 1 trillion won (about $870 million). A spokesperson for Korea Development Bank, Kumho Tire’s largest shareholder, told Reuters the deadline
Coming Home: Introducing Tire Review’s First Female Editor
When Akron native and NBA superstar LeBron James penned his “coming home” essay announcing his return to the Cleveland Cavaliers, he wrote “Nothing is given, everything is earned. You work for what you have.” It was the start of a rebirth in Northeast Ohio. For LeBron, in order to lead the Cavalier franchise, he felt