Visteon Completes Sale of Ownership Interest in Halla Visteon Climate Control Corp. to Hahn & Co. and Hankook Tire

Visteon Corporation has completed the sale of its approximately 70 percent ownership interest in Halla Visteon Climate Control Corp. (HVCC) to an affiliate of Hahn & Company, and Hankook Tire Co. Ltd., for approximately $3.6 billion or 52,000 KRW/share. Visteon also announced it will commence a shareholder capital return program in the second quarter of […]

Hankook supplies ultra high-performance SUV tyres to Porsche Macan

Tyre maker Hankook is continuing its offensive in the premium segment of German automobile manufacturers and is now supplying ultra-high-performance (UHP) tyres as original equipment for the new Porsche Macan. This is the first time a model from the Stuttgart-based sports car manufacturer is being factory fitted with Hankook’s UHP- tyres. The pattern being used […]