According to the news from Hankook Tire reported that its third quarter sales grow 24% year-on-year and 2.5% quarter-on-quarter, reaching US$1.06 billion. For the third consecutive quarter of this year, sales were driven by year-on-year gains of over 40% in its profitable ultra-high performance (UHP) tire business, an area reflecting Hankook Tire’s increasing global reputation for the quality and technology behind its products.

Hankook Tire is the seventh largest and one of the fastest growing tire manufacturers in the world. It produces innovative, superior quality, and high performance radial tires for passenger cars, light trucks (SUVs, RVs, and etc.), trucks, buses and special motor sports vehicles.