Nexen Hires New Senior VP
Nexen Tire America Inc. hired John Thomas as senior vice president of corporate accounts and Western region. “I am looking forward to the task of helping Nexen grow its market share with our key accounts,” said Thomas. “We have a great product, we are starting to build a great brand, and now it’s time to
N’blue HD Receives “Very Recommendable” Rating
Nexen’s N’blue HD received a “Very Recommendable” rating from German automobile magazine Auto Bild. The tire ranked fourth in overall performance. Auto Bild published its results from a two-staged test on 185/60 R 15 summer tires from 53 tiremakers fitted on a Volkswagen Polo. The final tests were performed on the top 18 tires selected
Ask Patty Partners with Nexen
Nexen Tire America has partnered with AskPatty.com to provide a year-long series of jointly produced educational content. The goal of the partnership is to “educate women and families on car and tire care and also tire purchasing” through social media initiatives, according to AskPatty.com. The initiatives include a pair of Twitter parties. Through the partnership,
Nexen to Begin Construction on Czech Plant Later This Year
A South Korean tire manufacturer will begin construction on a plant in the Czech Republic, starting in fall 2015. Nexen Tire Co.’s new plant will be located in Zatec, Czech Republic, and will begin operations in 2018, according to the company. Nexen estimates the annual production will gradually increase to 12 million units after operations
Czech Republic PM Visits Nexen Tire Plant
The Czech Republic’s Prime Minister visited Nexen Tyre’s Changnyeong plant in South Korea on Friday, as part of his official state visit. Bohuslav Sobotka’s visit commemorates the MOU between Nexen Tyre and the Czech government for a new plant in Zatec, Czech Republic. The MOU was signed one year ago. Nexen Tyre signed an investment
Nexen Profits Improve Nearly 5% on Modest Sales Growth
Nexen Tire Corp. posted 2014 sales of $1.68 billion, a modest 1.7% improve year-over-year. The South Korean tiremaker said its operating earnings rose 18% in 2014, and its net income for the year improved by 4.7% to $123.6 million. Nexen said revenue growth was limited by the slow replacement tire market in the U.S. and
New Nexen Division To Oversee Americas
Nexen Tire Corp. has added a new division to oversee the American marketplace. The new division – Nexen North & South American headquarters (AHQ) – will be located at the Nexen Tire America’s corporate headquarters in Diamond Bar, Calif. Nexen said it created the AHQ to strategically manage the American markets, including Canada, Mexico, and
Nexen to Supply OE for Fiat 500X
Nexen Tire will be supplying Fiat-Chrysler Automobiles with OE tires for the Fiat 500X crossover vehicle. The tiremaker will shoe the vehicle with its CP671 tire in North America. The CP671 features mileage performance for long-distance driving and upgraded noise reduction technology, Nexen said. In addition to the 500X, the CP671 is also OE for
Nexen Wins Design Honor
Nexen Tire Corp. announced that several of its tires received design awards. The tiremaker’s Roadian HTX RH5 was honored with the US Good Design Award, while its N’fera RU5 won the Korean Good Design Awards and the N’Blue Premium won the Korean Pin Up Design Awards. “Achieving a grand slam of world design awards and
Top 10 Goal Spurs Nexen Growth
The Heung-A Tire Co. was established in 1942 in what is now South Korea, and became that country’s very first tire manufacturer. The name today is Nexen Tire Corp., a Korean derivative of “next” and “century,” which constantly points the company in one direction – forward. With a marked goal of becoming a global Top
Fiat Recognizes Nexen, Signs OE Deal
Fiat Chrysler Group recently named Nexen Tire one of its excellent suppliers. The tiremaker also singed an agreement with the group to supply additional OE tires. Every year the Fiat Chrysler Group recognizes some of its global suppliers based product quality, brand value and technological progress. This year, Nexen was the only tire producer among
#SEMA/GTE: Nexen Throws Down with Million Dollar Dealer Drawing
Nexen Tire USA has put the market on notice. It’s here, and it plans to grow. At a press conference held at its booth (#43095) at this week’s SEMA Show/Global Tire Expo, Nexen officials outlined two significant programs that will launch next year, a move they feel will be huge game-changers. Most notable is a