Recently, Hantai Tire, the world's seventh-largest tire manufacturer, won the “Manufacturer of the Year†award at the 2011 Tire Technology Show held in Cologne, Germany. The awards won by the European and American automotive mature markets highlight the strength of Hankook Tire's first-line presence among global tire manufacturers.
The Cologne Tire Exhibition in Germany is the top tire design and manufacturing expo in Europe and has been successfully held for 11 sessions. The "Manufacturer of the Year" award won by Hankook Tire is a prestigious award in the "2011 Tire Technology Excellence Innovation Award" for awarding tire manufacturers outstanding achievements in five different areas. Hankook Tire's significant growth and outstanding performance in 2010 was unanimously recognized by an international jury of well-known tire experts.
Under the huge pressure of continuous increase in raw material prices, Hankook Tire still achieved remarkable growth in 2010 and further expanded its production capacity. With the completion of two new factories in China and Indonesia, the company’s goal is not only to increase production, but also to increase its position in the global market. The expansion of the second phase of Hankook Tire's Hungarian plant is also nearing completion. It is expected that by 2014, the annual output of Hankook Tire's tires is expected to exceed 100 million.
“2010 was a very successful year for us and we are very pleased to receive this award. This award is a recognition and recognition of Hankook Tire's business philosophy, 'Global Sustainable Growth and Commitment to Product Quality'†. Mr. Zhao Xianzhi, Chief Marketing Officer of Hankook Tire said.
The representative of the Hankook Tire Awards and the head of the European Technology Center, Stefan Fischer, added: “We are honored to be recognized as an 'manufacturer of the year' by such an internationally renowned professional jury. We will continue to increase our investment in research and development. Work hardest to maintain this top professional skill level."
Hankook Tire announced its record global sales and operating profit for fiscal 2010 in recent days. In 2011, on the occasion of the company's 70th anniversary, Hankook Tire will be committed to becoming a global leading tire manufacturer for sustainable development, and at the same time enhance brand value on the basis of ensuring product quality and service quality.
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