Micheldever Ends Kumho Partnership in UK
Kumho Tire and Micheldever Tyre Services are ending their 15-year partnership by mutual decision.
Kumho Tire Separates from Kumho Asiana Group
Kumho Tire has parted ways with its parent company, Kumho Asiana Group. The tiremaker filed for separation last month.
Kumho Granted Debt Stay, Considers Restructuring Deal
Kumho’s creditors are pushing back debt payments into the new year, so the Korean manufacturer can develop a restructuring plan to move forward after a tumultuous year.
Kumho to Launch Three New Tires
In 2018, Kumho Tire USA plans to introduce three new tire products, taking a more measured, strategic approach to product introductions moving forward.
Inside the Kumho Dealer Meeting: A Better Tomorrow
Highlights from Kumho Tire’s 2017 Dealer Meeting in Cabo San Lucas, including new products, new incentives and continued consistency for 2018.
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).
Kim Jong-Ho to be Appointed as Kumho Tire Chairman
Kim Jong-Ho returns to Kumho Tire as the new chairman of the company, effective December 1, 2017.
Kumho Tire Macon Employees Vote Against Joining USW
Employees at the Kumho Tire plant in Macon, Ga., voted 164 to 136 against representation by the United Steelworkers union. The USW plans to file objections with the national labor relations board.
Apollo Denies Interest in Purchasing Kumho
The Economic Times has been reporting that Apollo Tyres is interested in acquiring Kumho Tire now that the deal with China’s Qingdao Tires has fallen apart. Apollo claims these reports are false.
Park Backs Out of Kumho Tire Sale
Korean media is reporting that Kumho Asiana Chairman Park Sam-koo has given up his right of first refusal for Kumho Tire. He has also stepped down from executive management for the company.