2.2 C
Munich
Sunday, March 29, 2026

Toyo Tire Q3 2025 Results Show Steady Sales, Strong Financials

Must read


David Sickels is the Editor of Tire Review. He joined Tire Review in 2019 and has a history of reporting on and working with automotive industries in both print and online.

Published: November 10, 2025

Nexen Tire reported Q3 2025 sales earnings of KRW 780.7 billion ($542 million USD) and operating income of KRW 46.5 billion ($32.2 million USD), with leadership citing improved quarter-over-quarter profitability despite the continued impact of item-specific tariffs in the U.S.

The company credited its performance to steady sales growth in Europe and Korea, where new product launches and strong seasonal demand drove results. In Europe, Nexen expanded original equipment (OE) supply for new vehicle models and saw increased demand for products aligned with stricter winter tire regulations. In Korea, Nexen posted its highest-ever quarterly sales, supported by peak summer demand and a growing tire rental business.

More articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest article