Hankook Tire Named a 2020 Supplier of the Year Winner by General Motors

Rhea-AI Summary

On June 25, 2021, Hankook Tire was awarded the prestigious Supplier of the Year title by General Motors (GM) for 2020, marking the fifth consecutive year of recognition. GM honored 122 suppliers from 16 countries, highlighting those who exceeded operational requirements and contributed innovative technologies. GM's VP, Shilpan Amin, emphasized the importance of resilience among suppliers in achieving long-term sustainability. The selection was based on performance across various criteria, showcasing Hankook's commitment to quality and innovation in tire technology for GM vehicles.

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• Hankook Tire recognized as Supplier of the Year by GM for the fifth consecutive year.
• Hankook's innovative tire technology supports GM's commitment to quality.
• The award highlights Hankook's strong partnership with GM in achieving sustainability.

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NASHVILLE, Tenn., June 25, 2021 /PRNewswire/ -- Hankook Tire was named a GM Supplier of the Year winner in General Motors' 29^th annual Supplier of the Year awards.

GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry. This is the fifth time Hankook Tire has received the award.

"As GM works to achieve a future with zero crashes, zero emissions and zero congestion, we are proud to have innovative and dedicated suppliers around the world as partners in this mission," said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

"Throughout a challenging year, our suppliers have showed resilience and dedication in working toward our shared goal of long-term sustainability for our planet and the communities we serve, while meeting our present needs," Amin said. "We are pleased with what we've accomplished together in the past year and we are excited by the opportunity that lies ahead."

The 2020 Supplier of the Year winners were selected by a global team of GM purchasing, engineering, quality, manufacturing and logistics leaders. Winners were chosen based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

"Hankook is honored to be recognized by GM as a Supplier of the Year for the fifth year in a row," said Jeongho Park, Head of Hankook Tire OE Division. "Our commitment to performance and innovative tire technology enable us to develop top-quality tires for GM vehicles. We look forward to a continuing the growth our longstanding partnership with America's leading automaker."

About Hankook Tire America Corp.
Hankook Tire America Corp. is a growing leader in the U.S. tire market, leveraging investments in technology, manufacturing and marketing to deliver high-quality, reliable products that are safer for consumers and the environment. Headquartered in Nashville, Tennessee, Hankook America markets and distributes a complete line of high-performance and ultra-high-performance passenger tires, light truck and SUV tires as well as medium truck and bus tires in the United States. Hankook Tire America is a subsidiary of Hankook Tire Co., Ltd., a Forbes Global 2000 company headquartered in Seoul, Korea.

General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com. 

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SOURCE Hankook Tire America Corp.

FAQ

What was the date of Hankook Tire's Supplier of the Year award from GM?

Hankook Tire received the Supplier of the Year award from GM on June 25, 2021.

How many suppliers were recognized by GM in their 2020 awards?

GM recognized 122 suppliers from 16 countries in their 2020 Supplier of the Year awards.

How many times has Hankook Tire received the Supplier of the Year award?

Hankook Tire has received the Supplier of the Year award from GM five times.

What criteria did GM use to select their Supplier of the Year winners?

Suppliers were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care, and Logistics.

What is GM's vision mentioned in the PR regarding the future?

GM aims for a future with zero crashes, zero emissions, and zero congestion.