From Tire Review
Kumho Tire and Yokohama Rubber Co. (YRC) are expanding their partnership, according to Business Korea. Business Korea reports Kumho Tire and YRC have started discussing the supply of OEM parts. A representative from Kumho said the companies are discussing supply scale, quantity and start dates, Business Korea reported.
Kumho expects a supply contract with YRC to be helpful for improving the utilization of its Chinese factories. Kumho and Yokohama first reached an R&D agreement in 2014 after signing an MOU at the end of 2013. The alliance agreement defined the framework and purpose of the technology alliance between the two tiremakers and opened the door for future discussions.