On March 8, Japanese tire manufacturer Yuko Homa and German tire manufacturer Ma brand tires announced the dissolution of the joint venture company Youke Hamma (YCC), the decision will be from March 31, 2016. Effective.
It is understood that the joint venture was established in 2002 to meet the establishment of the Japanese and Korean auto market. Youke Homa said that the joint venture has brought huge profits in the past 14 years.
Regarding the dissolution of the joint venture company, it stated that the two parties have completed their respective global production networks and the main purpose of the joint venture company has been achieved.
In the future, the two tire manufacturers will focus on expanding their tire business.
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