Industry News

Hankook poised to launch two brand new tires at MATS

United States: Hankook Tire America Corp., the American subsidiary of Hankook Tire is planning to launch two new truck tires at the Mid-America Trucking Show (MATS), which is scheduled at the Kentucky Exposition Center, Louisville from 31st March 2016 to 2nd April 2016. The American based company, would showcase its all new, DH07 tire and TH22 tire.

As per the senior director of commercial tire sales, Brian Sheehey, both tires would individually offer the American truck fleet, a new quality pattern for drive position and trailer applications.

The DH07 is a drive position, pickup/delivery tire, developed with an aim to provide improved handling, durability and riding performance. The tire, featured with a wide, three channel zig-zag groove tread pattern will be available in three varied 19.5 inch sizes, i.e. 225/70R19.5, 245/70R19.5 and 265/70R19.5. The tire is built with qualities to prevent stone drilling and have a self-cleaning ability.

On the other hand, the TH22 is a low platform trailer tire, installed with a special chip & cut compound for advance durability. Additionally, the TH22 tire is deployed with a unique tread belt which offers low rolling resistance. Moreover, TH22 tire’s improved design is based on reinforced bead structure that also enhances the load performance of the vehicle. TH22 would be available in four different sizes, i.e. 215/75R17.5, 235/75R17.5, 245/70R17.5 and 255/70R22.5 in United States.

Hankook Tire targets the worldwide market by providing 20 varied tire models for all truck and bus applications. Also the company have a wide number of passenger car, light truck & commercial truck tire OE fitment agreements with multiple global, premium vehicle manufacturers at an international level.

According to a recent report published by TechSci Research, “United States Tyre Market Forecast and Opportunities, 2020” with a motorization rate of almost 790 vehicles per 1,000 individuals, the country’s automotive market is the second largest across the globe. The United States tire market holds a huge potential for LCV as well as M&HCV tires in the country. A steady growth in the sales and production of commercial vehicles, expanding automotive fleet and favourable government policies are driving the demand for LCV and M&HCV tires in the country at a rapid pace.

As per TechSci Research, Hankook already ranks among the top tire players existing in the country. However, by launching two new tires for the commercial vehicle fleet in United States, Hankook would able to enhance its share in the country’s tire market in near future. Moreover, the newly introduced tire models would be available in varied sizes, which would give an advantage to the end user of the country to select from a wide range of tires.

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