Kumho Tires plans USD297.8 million investment to nearly double capacity at Vietnamese plant


Chinese owner Doubstar also commits USD92.3 million investment in capacity expansion

Kumho Tire under ownership of China’s Doublestar Tyre has pledged USD297.8 million to nearly double the capacity at its tire plant in Vietnam to sustain exports to North America while avoiding hefty US tariffs, according to a regulatory filing.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload