I work for a tire company and my boss will say things like Michelin owns 10 percent of Hankook and the help design there products. Is this true? If so why would Michelin help with research and developement? I am a big Michelin fan and I think they are better than Hankooks. I found this article form '08:
http://www.moderntiredealer.com/News/Story/2008/07/Michelin-increases-its-stake-in-Hankook.aspx
Can someone please clear this issue for me. Thanks.
http://www.moderntiredealer.com/News/Story/2008/07/Michelin-increases-its-stake-in-Hankook.aspx
Can someone please clear this issue for me. Thanks.