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Kumho Tire to increase China sales 30 percent in 2015
(MENAFN) South Korea's No. 2 tire maker Kumho Tire Co. said it is aiming to increase its sales in China by 30 percent this year and re-emerge as the top seller in the world's largest auto market, Yonhap News reported.
Kumho Tire has been struggling with a sales slump in China in recent years following a massive recall four years ago. Last year, Kumho Tire's sales in China amounted to some USD415 million.
"After the recall, we've thoroughly checked our production facility and reviewed the market situation again ... and the recall proved to be an opportunity for us to improve product quality," Vice President said.
Kumho Tire has been struggling with a sales slump in China in recent years following a massive recall four years ago. Last year, Kumho Tire's sales in China amounted to some USD415 million.
"After the recall, we've thoroughly checked our production facility and reviewed the market situation again ... and the recall proved to be an opportunity for us to improve product quality," Vice President said.
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