Kumho Tyres, Yokohama Expand Partnership
Business Korea reports Kumho Tire and YRC have started discussing the supply of OEM parts.
This is a story that in my opinion will keep on growing?
Kumho Tyres and Yokohama are both great mid-range tyre brands. They are operating in a vastly over supplied tyre market and in my opinion something will have to give.
In all my 40 years experience in the tyre industry, i have never seen so much choice. Tyre manufacturers are falling over themselves to supply us and something has to give.
We have seen the recent acquisition of the mod-range tyre maker from Holland, Vredestein tyres by Apollo tyres and i am sure that other such deals will be taking place in the near future.
it looks like Kumho Tyres and Yokohama are taking the slow road to joining forces, and are dripping small snippets of news out to the tyre trade press.
In my opinion this will become a complete tyre manufacturing partnership in the future and one of the names will disappear.
Sourced through Scoop.it from: news.google.com