“Hyundai Motors reported a decline of 52% year-on-year in Q2 2020 operating profit due to low demand for new vehicles in the overseas market. The company’s operating profit fell to US$492m (... Read more
Group Michelin has announced plans to close its production facilities for a period of at least one week. This decision would have an impact on tire manufacturing facilities which are located... Read more
Hankook Tire & Technology Co., which is the sixth largest manufacturer of tires in the world has announced that it has set up an office in Vienna. The new overseas subsidiary in Austria... Read more
Four years after Goodyear Tire & Rubber Co. starting selling tires online direct to consumers in the U.S., the tiremaker is taking the platform to Europe. The company has begun with a p... Read more
Japan’s Toyo Tire has revealed plans to open a new factory for manufacturing automotive tires in Serbia. Toyo plans to invest an amount of 390 million euros in the project and it is ex... Read more
BKT has taken its strategy in Europe to the next level by setting up a new headquarters. The company marked the opening of its rebuilt headquarters with a ceremonial lighting of the lamp on... Read more
Infiniti Motor Company has announced its plans to withdraw from the western European market by early 2020 as the outcome of a restructuring plan. This means that the brand will cease product... Read more
Volkswagen has announced a bold new marketing plan for Europe that will be implemented from April 2020. The plant will include elements like service factories, pop-up stores, scalable “full-... Read more
The members of the European parliament have approved a plan to reduce carbon dioxide emissions from cars and vans in the continent by 40 percent by 2030, according a Reuters report. An overw... Read more
Hankook has appointed Han-Jun Kim as the new Chief Operation Officer for Europe and the CIS countries for Hankook from the beginning of 2018. He will take over from Ho-Youl Pae, who over the... Read more
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The Honda Prize 2020 Awarded to Dr. Henning Kagermann, Chair of the Board of Trustees, – National Academy of Science and Engineering
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Commercial Operation of OHT plant – MTPL
BMW at the 16th Auto China Beijing 2020
Hyundai Motor Group Announces New Horizons Studio to Develop Ultimate Mobility Vehicles
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