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Branding Strategy Of Hankook Tire

10-12-2007

Over the past decade, Hankook Tire has established itself as a reliable brand for its customers. However, Hankook does not satisfy with the current status and launches its high-end branding strategy, targeting to be the top brand on the basis of its products, marketing channels and services. Hankook Tire brought its latest products, Ventus S1 evo, Ventus V12 and Ventus R-S2; ultra high performance tires, to display at Auto Shanghai 2007. K110 is designed for high-class modified vehicles and targets active and trendy consumers. In January, Hankook signed a supply contract with Audi China to provide this model of tire to Audi A6L and A4. K110 and Z212 are suitable for sport cars.

An after-market service shop- T-Station, the esteemed service arm of Hankook Tire, launched its first direct-invested shop in Shanghai on April 13, 2007. The T-Station direct-invested shop is a flagship store offering one-stop tire and related auto services. All Hankook T-Station shops utilize advanced management concepts and unified prices in order to provide high quality services to consumers. In China, T-Station business model includes both direct-invested and franchised stores. T-Station expects to open 300 franchised stores in the next five years.

Meanwhile, Hankook Tire closely follows China¡®s car racing events and are currently participating two major domestic events; it provided Wei Hao Rally Team with all tires needed for both racing and training purposes, supporting the team in its winning first place in the Zhuhai Section of the 2005 China Circuit Championship. In March, Hankook Tire and Wan Yu Rally Team jointly announced that Hankook Tire would supply the team with high-performance tension tires for the China Rally Championship 2007. Wan Yu Rally Team took first place in the first section of 2007 CRC race.

 


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