Yokohama, Kumho discussing alliance

Tire Business staff report

PUNTA CANA, Dominican Republic - Japan's Yokohama Rubber Co. Ltd. and South Korea's Kumho Tire Co. Inc. are considering an alliance that include possible technology exchanges and cross ownership.

Tire Business reporter Jennifer Karpus caught up with Kumho Tire U.S.A. Inc.'s CEO and president Harry Choi at the 2013 Kumho Dealer Meeting in Punta Cana and discussed his thoughts on the alliance.

Yokohama is the world's No. 8 tire maker with $5.57 billion in tire-related sales in 2012, while Kumho was ranked No. 12 with $3.6 billion.

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