Arab Today, arab today hankook tire slows production to ease inventory glut
Last Updated : GMT 22:15:37
Arab Today, arab today
Arab Today, arab today

Hankook Tire slows production to ease inventory glut

Arab Today, arab today

Arab Today, arab today Hankook Tire slows production to ease inventory glut

Hankook Tire Co
Seoul - Yonhap

Hankook Tire Co., South Korea's largest tiremaker, said Tuesday that it has scaled back production due to its record inventory glut.
The company said the number of unsold tires reached a staggering 660,000, the highest since the company was founded in 1941. The total is equal to 8.5 percent of the 7.75 million tires it makes in a month.

 

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