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Nexen Adds Sizes to Rodian HT

Nexen Tire America has added six sizes to its Roadian HT light truck/SUV line. The new sizes include P225/75R15 102S, P225/65R17 100H, P235/65R18 104H, P255/70R18 112S, P265/65R18 112S and P275/65R18 114S. Nexen said the Roadian HT features a twin-type tread block design for maximum load durability and cornering, and four wide grooves for road contact

South Korean Tiremaker May Get F1: German Mag

Rumors are flying now that one of South Korea’s tiremakers may soon step up as the next provider of race tires to the Formula One series. Without specifying which brand, Germany’s Auto Motor und Sport F1 said one of the three South Korean companies – Hankook, Kumho and Nexen – would become the lone supplier

Analysts Bullish on Tire Market Recovery in 2010

Financial analysts expect European tiremakers to increase prices between 5% and 8% in January 2010, in part due to increased demand and supply shortages in some markets. The Morgan Stanley analysts once again singled out Hankook for particular praise and a “Buy” rating, saying: “After raising tire prices by an average 7% in the U.S.

Still More Tire Price Increases

Another pair of tiremakers announced impending prices increases. Hankook Tire America Corp. is raising prices by up to 5% on its full line of passenger, light truck/SUV and medium truck tires, as of Jan. 1, 2010. Also effective Jan. 1, Toyo Tire USA Corp. will increase prices on all of its consumer and commercial tires

Here They Come: Tiremakers Bring Price Hikes

To no one’s surprise, tiremakers are piling on price increases as we head into the new year. After taking much of the last two years off, price increase announcements are coming hot and heavy in the wake of slight rises in raw material costs and the after effects of the recent 35% added tariff on

Editor’s Comment: EU-Korea Agreement Will Aid Tire Sales

On Oct. 15, EU Trade Commissioner Catherine Ashton and South Korean Trade Minister Kim Jong-hoon initialed a free trade agreement (FTA), which the EU calls “the most important ever negotiated between the European Union and a third country.” Estimated to be worth a total of 19 billion euros in new trade for EU exporters, the

2009 Top Shop Winner: Enger Tire & Auto

Jim Enger is no control freak. When you have 20 retail stores, three warehouses, two parts outlets and associated business interests spread over 10 of the largest and busiest counties in Northeast Ohio, you can’t micro-manage every little thing. He doesn’t even try. But he does want to control his own destiny, and his approach

2009 Top Shop Finalist: Jack Williams Tire & Auto Center

Jack Williams Tire Co. is no stranger to disaster. Founded just before the stock market crashed in 1929 and ravaged by a hurricane in the early 1970s, Jack Williams not only survived, it built a successful tire and service business that is integral to eastern Pennsylvania. And that perseverance, coupled with exemplary customer service, innovative

Nexen Really Expanding With New S.K. Plant

Tyres & Accessories – Nexen Tire is planning to invest 1 trillion won ($829 million) in a new factory in South Korea, one that apparently will be the world’s largest. The move is seen as a way of ramping up production in anticipation of a 6% annual growth of global tyre demand. The new plant,

Analysts Expect 1 trillion Won in Sales for Nexen

Nexen Tire shares went up over 6% July 21 after analysts at Hyundai Securities raised their “fair value” price 25% from 8,000 to 10,000 won.