April 24, 2024
Automobiles
Kumho Tire supplies tires for BMW G30 5 series
[THE INVESTOR] Kumho Tire said on Decc. 5 it began to supply tires for the BMW G30 5 Series model from October.
The firm will deliver the high-performance ECSTA PS91 tires for the BMW G30 5 Series for the duration of its production, the company said in a statement. The cars are being manufactured at the caremaker’s Dingolfing plant in Bavaria in the form of original equipment tires
 |
Supplying OE tires to car manufacturers does not generate much revenue for tire makers but securing big companies as clients helps improve their brand images and can lead to the raising of product prices down the line.
For tire makers, it is more profitable to sell replacement equipment tires in after-sales markets.
Kumho Tire currently supplies tires to global carmakers, such as BMW, Mercedes-Benz, Volkswagen, Skoda and Fiat Chrysler Automobiles.
By Song Seung-hyun and newswires (ssh@heraldcorp.com)
