SEOUL, Sept. 2 (Xinhua) -- Hankook Tire, South Korea's leading tiremaker, said Monday that it has signed an agreement to supply original equipment (OE) tires for the new Mercedes-Benz S-Class model.
With the agreement, Hankook became the first South Korean tire company that offers OE tires for Germany's "Big Three" automotive brands. The company already reached agreements to supply tires for Audi in 2006 and BMW in 2011.
The new S-Class model of Mercedes-Benz will be factory- installed with Hankook's customized tires, the company said, noting that the E-Class model will be equipped with its OE tires. BMW's 5-Series will also be equipped with Hankook's premium tires, following the German carmaker's 1- and 3-Series.
The company signed an additional agreement with Japanese automaker Nissan to supply OE tires for New Altima model. The agreement helped Hankook become the first South Korean tire brand to provide OE fitments to all top three Japanese carmakers such as Toyota, Honda and Nissan.