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  1. Home
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  3. Automotive
  4. Lexani Tires
Lexani Tires logo
Automotive

Who Owns Lexani Tires?

Lexani Tires is a private label brand managed by Lexani Wheel Corporation, headquartered in Corona, California (2380 Railroad Street). Founded around 2003, Lexani operates as a marketing and distribution company rather than a manufacturer. Tires are produced by Nexen Tire (KRX: 002350), a South Korean tire manufacturer founded in 1942 that reported FY2025 revenue of KRW 3.19 trillion ($2.3 billion), and also at Sentury Tire plants in China, Thailand, and the USA. Lexani tires cost approximately 40-60% less than premium brands, with individual tires priced $56-$180 depending on size and model. The brand holds customer ratings of 3.7-4.6 out of 5 across major retail platforms.

Parent Company

Nexen Tire

Founded

2003

Status

Private

Headquarters

Corona, California, USA

Lexani Tires Timeline

1942
Nexen Tire

Parent company established in Seoul, South Korea

Company Founded
2003

Lexani Tires

Founded by Lexani Wheel Corporation

Founded
mid rangevalue premiumUnited Statesall-agessustainable manufacturingresponsible sourcingfuel efficiencyenvironmental complianceOfficial Website

Who Owns Lexani Tires?

  • Parent Company: Nexen Tire
  • Ownership Type: Private label
  • Company Type: Publicly Traded
  • Stock Ticker: Korea Exchange: 002350
BrandParent CompanyOwnership Type
Lexani TiresNexen TirePrivate label

Where to Buy

Disclosure: We may earn commission from purchases
AmazonLexani Tires on Amazon

History of Lexani Tires

  • Founded: 2003
  • Founders: Lexani Wheel Corporation

Lexani Wheels and Tires was established in the 1990s in Los Angeles, California, initially focused on the custom wheel market. The company developed a range of custom aluminum alloy wheels designed for luxury vehicles, sports cars, and custom builds, targeting consumers in the automotive aftermarket who sought premium wheel designs beyond the factory options available from vehicle manufacturers.

The custom wheel market in the United States grew significantly through the 1990s, driven by the popularity of custom vehicle culture, the influence of hip-hop and entertainment industry figures who prominently displayed custom wheels on their vehicles, and the broader growth of the automotive aftermarket. Lexani established itself as a recognized brand in this market, developing a reputation for stylish designs and quality construction.

Lexani launched its tire division around 2000, introducing Lexani-branded tires to complement its wheel business. The tire launch reflected the natural synergy between custom wheels and performance tires in the automotive aftermarket, as consumers who purchased custom wheels typically also needed tires that matched the performance and aesthetic requirements of their upgraded wheels.

Lexani Tires positioned itself in the ultra-high-performance (UHP) and grand touring tire segments, targeting vehicles that required tires with high speed ratings, wide footprints, and low-profile sidewalls that complemented the visual impact of custom wheels. The brand's tire designs incorporated stylistic elements in the tread patterns and sidewall lettering that aligned with the visual aesthetic of the Lexani wheel brand.

Through the 2000s and 2010s, Lexani Tires expanded its product range to cover a wider variety of vehicle types and tire sizes, including tires for SUVs and light trucks as the popularity of these vehicle categories grew. The brand developed relationships with tire distributors and automotive retailers across the United States and internationally, expanding its distribution network to reach consumers in multiple markets.

Lexani Tires are manufactured in China and Vietnam through manufacturing partnerships, a common approach for aftermarket tire brands that do not operate their own manufacturing facilities. The brand's design and quality specifications are developed at its Los Angeles headquarters, with manufacturing partners producing tires to those specifications.

The brand has continued to develop new tire models and expand its product range through the 2010s and 2020s, maintaining its focus on the premium aftermarket segment while adapting to changes in vehicle technology and consumer preferences.

About Nexen Tire

What does Nexen Tire manufacture?
Nexen Tire manufactures tires for passenger vehicles, SUVs, light trucks, commercial vehicles, and specialty applications. The company produces all-season, summer, winter, and ultra-high-performance tires under the Nexen brand name.

Where is Nexen Tire headquartered?
Nexen Tire is headquartered in Seoul, South Korea. The company's primary manufacturing and research and development operations are located in Yangsan, South Gyeongsang Province, with additional plants in China, Vietnam, and the Czech Republic.

When was Nexen Tire founded?
Nexen Tire was founded in 1942 as Heung-A Tire Company in Seoul, South Korea. The company changed its name to Nexen Tire in 2000 as part of a rebranding effort aimed at international markets.

Is Nexen Tire publicly traded?
Yes, Nexen Tire is publicly traded on the Korea Exchange under ticker 002350. The company has paid dividends for 27 consecutive years and increased its dividend per share for three straight years as of 2025.

What is Nexen Tire's revenue?
Nexen Tire reported full year 2025 revenue of KRW 3.19 trillion (approximately $2.3 billion), up 12% from KRW 2.85 trillion in 2024. This was the first time the company surpassed KRW 3 trillion in annual sales. Operating profit was KRW 170.3 billion and net profit was KRW 151.2 billion.

Who is the CEO of Nexen Tire?
John Bosco (Hyeon Suk) Kim has served as CEO of Nexen Tire since 2022. Kim has focused on expanding the company's global operating framework, strengthening distribution competitiveness, and applying artificial intelligence and virtual technology in research and development.

Which automakers use Nexen tires?
Nexen Tire supplies original equipment tires to more than 30 global automakers, including Hyundai, Kia, Volkswagen, Fiat, Skoda, and Stellantis brands. OE contracts with these automakers provide volume stability and support brand credibility in the replacement market.

  • Founded: 1942
  • Headquarters: Seoul, South Korea
  • Company Type: Publicly Traded
  • Stock: Korea Exchange: 002350
  • Revenue: KRW 3.19 trillion (FY2025)
  • Employees: Approximately 7,000

Visit Nexen Tire website

View full company profile for Nexen Tire

Where Is Lexani Tires Made / Based?

  • Headquarters: Corona, California, USA
  • Manufacturing / Operations: South Korea, China, Thailand, United States

Lexani Tires Categories & Tags

TiresBudget TiresPerformance TiresAftermarket TiresAll Season TiresAll Weather Tires

Lexani Tires Sustainability & Ethics

Lexani Tires demonstrates a growing commitment to environmental sustainability and ethical manufacturing practices, particularly through its eco-friendly initiatives and responsible production methods. The company has integrated sustainability into its core operations while maintaining focus on performance and quality in the premium aftermarket tire segment.

Eco-Friendly Materials and Manufacturing: Lexani Tires utilizes eco-friendly materials in its tire production processes, emphasizing the use of sustainable compounds that reduce environmental impact while maintaining performance standards. The company adheres to sustainable manufacturing practices across its production facilities in China and Vietnam, implementing processes designed to minimize waste and reduce emissions throughout the manufacturing lifecycle.

Environmental Commitment: The company maintains a dedicated focus on protecting the environment and minimizing its ecological footprint through continuous improvement initiatives. Lexani's environmental commitment includes utilizing technology to incorporate fuel economy features in its tire designs, which helps reduce vehicle carbon emissions during use. The company's tires are engineered to provide a quiet, comfortable ride while maximizing longevity, reducing the frequency of tire replacement and associated environmental impacts.

Sustainable Innovation: Lexani invests in research and development to create more sustainable tire solutions, including advanced rubber compounds that balance performance with environmental responsibility. The company's state-of-the-art manufacturing facilities incorporate cutting-edge technology designed to optimize resource efficiency and reduce environmental impact during production processes.

Supply Chain Responsibility: Lexani works with manufacturing partners who adhere to environmental and ethical standards, ensuring responsible sourcing of raw materials and sustainable practices throughout the supply chain. The company maintains quality control measures that include environmental compliance standards alongside performance and safety requirements.

Future Sustainability Goals: Lexani Tires continuously works toward reducing waste and emissions in its operations, with ongoing initiatives to improve manufacturing efficiency and develop more environmentally friendly tire technologies. The company's commitment to a sustainable future aligns with growing consumer demand for environmentally responsible products in the automotive aftermarket.

Awards & Recognition

Lexani Tires has established recognition within the automotive aftermarket industry for its combination of style, performance, and value in the premium tire segment. While the brand has not received major industry awards from traditional tire organizations, it has earned acknowledgment from automotive enthusiasts and industry reviewers for its distinctive approach to aftermarket tire design.

Industry Recognition: Lexani has been recognized by automotive aftermarket reviewers and tire testing organizations for delivering competitive performance at accessible price points. The brand has received positive ratings from industry testing, earning an 8.3 out of 10 rating in independent performance evaluations, reflecting its ability to balance quality, style, and affordability in the premium aftermarket segment.

Design Innovation: The company has been acknowledged for its innovative tread patterns and visually appealing tire designs that enhance both performance and vehicle aesthetics. Lexani's design team has been recognized for creating functional tire patterns that improve performance while enhancing the visual appeal of vehicles, particularly in the custom and luxury vehicle segments where appearance is a key purchasing factor.

Customer Satisfaction: Lexani has earned recognition from customers for providing reliable performance at affordable price points, particularly in the daily use and casual driving categories. The brand has built a reputation for delivering basic, reliable tires without requiring premium pricing, making it a notable option in the value-conscious segment of the aftermarket tire market.

Market Position Recognition: Within the automotive aftermarket community, Lexani has been acknowledged as a significant player in the custom wheel and tire market, particularly for its ability to coordinate tire designs with custom wheel installations. The brand's integration with the Lexani wheel business has been recognized as an effective strategy for providing comprehensive aftermarket solutions to custom vehicle enthusiasts.

Growing Industry Presence: As Lexani continues to expand its product range and market presence, the brand has gained increased recognition among automotive enthusiasts and aftermarket retailers for its consistent quality improvement and expanding distribution network. The company's growth from a custom wheel specialist to a comprehensive aftermarket tire provider has been noted as a significant achievement in the competitive automotive aftermarket industry.

Lexani Tires Recalls & Controversies

Lexani Tires has experienced one significant safety recall that affected specific product lines, along with general industry challenges common to aftermarket tire manufacturers. The company has addressed these issues through standard industry recall procedures and continues to maintain quality control standards.

Sentury Tire Recall (2024): Lexani Tires was among multiple brands affected by a voluntary recall announced by Sentury Tire Thailand in December 2023. The recall involved 8,900 tires across various brands, including specific Lexani LX-TWENTY models (size 265/40ZR20). The recall was initiated due to a manufacturing issue affecting the proper curing of the tire's tread base layer, which could potentially result in tread separation, increasing the risk of vehicle instability and crashes. Owner notification letters were scheduled to be mailed in January 2024, and customers were advised to contact Sentury customer service for replacement arrangements.

Quality Control Response: Following the recall, Lexani and its manufacturing partners implemented enhanced quality control measures to prevent similar curing issues in future production runs. The company worked with regulatory authorities to ensure proper notification of affected customers and timely replacement of recalled tires, demonstrating compliance with industry safety standards and consumer protection requirements.

Industry-Wide Challenges: Like many aftermarket tire brands, Lexani faces ongoing challenges related to maintaining consistent quality across contract manufacturing facilities in China and Vietnam. The company has addressed these challenges through increased oversight of manufacturing partners and implementation of more rigorous testing protocols for finished products before distribution to markets.

Market Position Controversies: Some industry reviewers and consumer advocates have raised questions about the marketing positioning of aftermarket tires like Lexani, particularly regarding performance claims versus actual capabilities in extreme weather conditions. However, these concerns are common across the aftermarket tire industry and reflect broader discussions about marketing standards in the tire segment rather than specific controversies unique to Lexani.

Customer Service Issues: As with many automotive aftermarket companies, Lexani has encountered occasional customer service complaints related to warranty claims and product performance expectations. The company has addressed these issues through improved customer support processes and clearer communication about tire capabilities and limitations in various driving conditions.

Regulatory Compliance: Lexani maintains compliance with relevant safety regulations and industry standards in the markets where it operates, including adherence to Department of Transportation (DOT) requirements in the United States and equivalent standards in other international markets. The company's participation in the standard recall process demonstrates its commitment to regulatory compliance and consumer safety.

Brands Owned by Nexen Tire

Nexen TiresAutomotive

Nexen Tires

Owned by Nexen Tire

South Korean tire manufacturer producing passenger, SUV, commercial, and high-performance tires. Founded in 1942, publicly traded on Korea Exchange under 002350.

tiresautomotive-tirespassenger-tires
View all brands owned by Nexen Tire

Lexani Tires Ownership: Pros & Cons

Advantages

  • +The Lexani brand's recognition in the custom vehicle culture community provides a built-in audience of consumers who are familiar with and loyal to the brand
  • +The natural synergy between Lexani's wheel and tire businesses creates cross-selling opportunities and reinforces the brand's positioning in the custom vehicle market
  • +Positioning in the premium aftermarket segment allows for higher margins than value-oriented tire brands
  • +The brand's focus on stylish designs and performance characteristics appeals to consumers who prioritize aesthetics as well as performance in their tire selection
  • +Distribution through authorized dealers and online platforms provides broad market access without requiring the brand to operate its own retail locations

Considerations

  • -Competition from established mainstream tire brands including Michelin, Bridgestone, and Goodyear, which have significantly greater brand recognition, research and development resources, and distribution scale
  • -The brand's reliance on contract manufacturing in China and Vietnam creates supply chain dependencies and potential quality control challenges
  • -Limited brand recognition outside the custom vehicle culture community compared to mainstream tire brands
  • -The custom vehicle market is subject to cyclical demand patterns that can affect sales of premium aftermarket products
  • -As a private company, Lexani Wheels and Tires has limited access to capital markets for funding growth and product development compared to publicly traded competitors

Frequently Asked Questions About Lexani Tires

Sources & Further Reading

  • Lexani Tires Official Website
  • Nexen Tire FY2025 Financial Results (February 4, 2026)
  • Nexen Tire IR Presentation Q4 2025
  • Nexen Tire Record Revenue (Seoul Economic Daily, March 2026)
  • Tire Advise: Lexani Tires Review
  • Daily Car Tips: Are Lexani Tires Good?
  • Daily Car Tips: Who Makes Lexani Tires?
  • Tires-Easy: Lexani LX-Twenty Review (2,000+ Users)
  • SimpleTire: Lexani Quattro Tempo AW vs Nexen N'Blue 4S 2
  • NHTSA Tire Recall Information
  • European Rubber Journal: Nexen Earnings

Competitors to Lexani Tires

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
Ironman TiresIronman Tires
Hercules Tire And Rubber Company
USA
1952
Mass marketUnited statesAll Genders
MotoMaster TiresMotoMaster Tires
Canadian Tire Corporation
Canada
1922
Mass marketRegionalAll Genders

Learn More About Competitors

Ironman TiresAutomotive

Ironman Tires

Owned by Hercules Tire and Rubber Company

Budget tire brand owned by Hercules Tire and Rubber Company, a subsidiary of American Tire Distributors, offering affordable tires for passenger vehicles, light trucks, and commercial vehicles.

tiresbudget-tiresautomotive
MotoMaster TiresAutomotive

MotoMaster Tires

Owned by Canadian Tire Corporation, Limited

Canadian Tire's private-label tire brand offering all-season, winter, and performance tires sold exclusively through Canadian Tire stores across Canada.

tiresprivate-labelcanadian-brand

Competitive Analysis

Market Positioning: Lexani Tires competes with 2 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Lexani Tires

Looking for brands with different ownership structures? These similar brands are not owned by Nexen Tire, giving you alternative choices that support different corporate structures.

FerrariAutomotive

Ferrari

Owned by Ferrari N.V.

Italian luxury sports car manufacturer founded in 1947 by Enzo Ferrari in Maranello. Publicly traded as Ferrari N.V. (NYSE: RACE). Known for Formula 1 racing, V12 engines, and limited-production exclusivity.

luxury-carssports-carsautomotive
Publicly Traded

Ferrari operates independently without a large parent corporation.

HyundaiAutomotive

Hyundai

Owned by Hyundai Motor Group

South Korean automobile manufacturer known for its value proposition, quality improvements, and stylish designs in the global automotive market.

korean-carvalue-brandglobal-automaker
Privately Owned

Hyundai is owned by Hyundai Motor Group, a private company, a different structure than Lexani Tires's parent.

Interstate BatteriesAutomotive

Interstate Batteries

Owned by Interstate Battery System of America

American battery distributor founded in 1952, specializing in automotive, commercial, and consumer batteries, headquartered in Dallas, Texas.

batteriesautomotive-batterieslead-acid-batteries
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Interstate Batteries is owned by Interstate Battery System of America, a private company, a different structure than Lexani Tires's parent.

Ironman TiresAutomotive

Ironman Tires

Owned by Hercules Tire and Rubber Company

Budget tire brand owned by Hercules Tire and Rubber Company, a subsidiary of American Tire Distributors, offering affordable tires for passenger vehicles, light trucks, and commercial vehicles.

tiresbudget-tiresautomotive
Privately Owned

Ironman Tires is owned by Hercules Tire and Rubber Company, a private company, a different structure than Lexani Tires's parent.

JAC UtesAutomotive

JAC Utes

Owned by JAC Motors

Chinese utility vehicle brand specializing in light commercial trucks and vans, owned by JAC Motors and distributed globally.

utility-vehiclestruckscommercial-vehicles
State-Owned

JAC Utes is owned by JAC Motors, a state owned company, a different structure than Lexani Tires's parent.

JaecooAutomotive

Jaecoo

Owned by Chery Automobile Co., Ltd.

Chinese automotive brand established in 2023 by Chery Automobile, focusing on SUVs for export markets outside China.

automotivesuvchinese
State-Owned

Jaecoo is owned by Chery Automobile Co., Ltd., a state owned company, a different structure than Lexani Tires's parent.

Nexen Tire Stock Information

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Last reviewed: March 30, 2026 · Reviewed by Who Brands Editorial Team