All Brands Owned by Kumho Tire

Is Kumho Tire publicly traded?
Yes, Kumho Tire is publicly traded on the Korea Exchange under ticker 073240. The company's largest shareholder is Qingdao Doublestar Group, which acquired a 45% stake in 2018 for approximately $607 million. In February 2026, Doublestar received final approval to absorb this stake. The remaining shares are held by institutional investors and the public.

Who owns Kumho Tire?
Kumho Tire's largest shareholder is Qingdao Doublestar Group, a Chinese tire manufacturer listed on the Shenzhen Stock Exchange. Doublestar acquired a 45% stake in 2018 for approximately $607 million after Kumho's former parent, Kumho Asiana Group, collapsed financially. In February 2026, Doublestar received final regulatory approval to absorb the stake, valued at $708.2 million. Despite Chinese ownership, Kumho maintains operational independence with management based in Seoul.

When was Kumho Tire founded?
Kumho Tire was founded in 1960 by Park In-chun in Seoul, South Korea. The company began as a domestic tire manufacturer and has grown into one of the world's top 10 tire manufacturers by production volume, with over 68 million tires produced annually and distribution to over 180 countries.

What is Kumho Tire's revenue?
Kumho Tire reported revenue of approximately KRW 4.1 trillion ($2.9 billion) in 2024. The company produces over 68 million tires annually across manufacturing facilities in South Korea, China, Vietnam, India, Mexico, and the United States.

Does Kumho Tire make electric vehicle tires?
Yes, Kumho Tire has developed specialized tires for electric vehicles. These tires feature enhanced load capacity to support heavier battery weights, optimized rolling resistance to maximize range, and reinforced sidewalls to handle instant torque delivery. The technology also focuses on reducing road noise to compensate for the lack of engine noise in electric vehicles.

What are Kumho Tire's main product lines?
Kumho's main product lines include the Majesty Solus (premium touring), Crugen (SUV and crossover), Ecsta (ultra-high performance), Road Venture (all-terrain and off-road), and specialized EV tires. The company offers warranty coverage of 60,000 to 85,000 miles on most consumer products.

Where is Kumho Tire headquartered?
Kumho Tire is headquartered in Seoul, South Korea. The company's corporate offices and primary strategic operations are based in Seoul, while manufacturing facilities are located in South Korea (Pyeongtaek, Gokseong, and Gwangju), China (Tianjin and Nanjing), Vietnam, India, Mexico, and the United States.