Nexen Tire’s weak product mix widens profit gap with Hankook, Kumho

Nexen Tire’s Nexen UniverCITY research institute / Courtesy of Nexen Tire

Nexen Tire’s weaker product mix is widening its profitability gap with Hankook Tire and Kumho Tire, as the company lags behind its rivals in the shift toward higher-margin, high-inch tires, according to data and industry officials, Monday.…

Source