Hankook Tire to supply tires to Mercedes-Benz AMG models
SEOUL, Aug. 23 (Yonhap) -- Hankook Tire Manufacturing Co., the world's seventh-largest tiremaker by sales, said Thursday it has inked a deal with Mercedes-Benz Korea Ltd. to supply tires to high-performance cars in a racetrack operated by the German carmaker near Seoul.
Hankook Tire said the Ventus R-S4 and five other ultra-high performance tires will be equipped on all vehicles in the AMG Speedway run by Mercedes-Benz in Yongin, some 50 kilometers south of Seoul.
The carmaker said the AMG Speedway will be used for the launch of new models, various experience-based events for AMG and Mercedes-Benz owners; and the AMG Driving Academy open to the general public.
Mercedes-Benz rented the racetrack from the Samsung Group affiliate Samsung C&T Corp. to promote the sale of its AMG models in Korea.
In 2017, 3,206 AMG vehicles were sold in South Korea, a 56 percent on-year jump from a year earlier, according to Mercedes-Benz Korea.
To enhance its global brand image, Hankook Tire has shipped products to nearly 50 foreign carmakers, including Audi, BMW, Mercedes-Benz and Porsche.
Last year, Hankook Tire sold 99 million tires produced at its eight plants -- two in South Korea, three in China, one in Hungary, one in Indonesia and one in the United States.