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Thanks to the significant growth in sales of UHP (ultra-high performance) products and truck and bus tires, sales of Hankook Tire in 2011 remained high for many years in spite of the unfavorable situation of the first slowdown in the Chinese auto market. Growth, sales of all steel tires exceeded 1.15 million.
In order to further consolidate the leading position of the Chinese tire market and face challenges, Hankook Tire will continue to vigorously expand its sales network construction in 2012 and plans to build nearly 300 brand franchise stores in 2012, including T-Station Bus Yi Chi 50. Home, Tire Town 200 Chic and TBX super-resistant 35, when the total number is expected to exceed 1,500.
Although Kumho Tire's back-scoring incident occurred in early 2011, Hankook Tire, also from South Korea, was not affected. On January 10th, Minister of Marketing Strategy of Shanghai Hantai Tire Sales Co., Ltd., Quan Hezhen, told the “International Financial News†reporter that, after achieving sales growth of 22.4% year-on-year in 2011, Hankook Tire expects to maintain 2012 The increase of more than 20% is already an increase of about 20% for Hankook for many years.