Nexen Tire Supplies Original Equipment Tires for Renault and Daimler's Smart

- - Nexen Tire's N'blue Premium selected as original equipment for the Renault 'Twingo' and the Smart 'Forfour' - As increasing supplies of original equipment tires lead to positive effects in the replacement tire market, the company plans to expand their supply of original equipment tires to global car manufacturers SEOUL, South Korea, June 4, 2015 /PRNewswire/ -- Nexen Tire, a leading global tire manufacturer, announced that it will supply France's Renault and Germany's Smart, a division of Daimler AG, with its N'blue Premium tire. The tire will be standard equipment for the Renault 'Twingo' and the Smart 'Forfour', which were co-developed by Renault and Daimler AG. Photo - http://photos.prnewswire.com/prnh/20150604/220810 The N'blue Premium is an eco-friendly tire with improved fuel efficiency. It was received Special Mention at the German Design Award 2015 for its sophisticated European styling. The tire will be fitted on the two car models, which will be assembled in the Renault plant located in Novo Mesto, Slovenia, and scheduled for sales in the European region. "The consecutive supplies of its original equipment tires to leading global car manufacturers prove that Nexen Tire's outstanding products and performance-driven technology are well recognized," said Nexen Tire. "As much as supplies of original equipment tires has a positive effect in the replacement equipment tire market, we plan to raise greater brand awareness and strengthen our market positioning through expanding supplies of original equipment tires to global car manufacturers." Renault's 'Twingo' is a specially designed vehicle aimed at the European market. It offers a spacious interior by locating its engine at the back of the car, and has received positive reviews for its inherent handling agility. Smart's 'Forfour', originally launched in 2004, has been recently upgraded. It now comes with a more powerful engine than previous models, and its interior and exterior has been redesigned. Since 2012, Nexen Tire has been supplying its tires to various global car manufacturers, including Mitsubishi, Fiat, Volkswagen, Chrysler, Skoda, and SEAT. At the beginning of 2015, the company supplied the Roadian CT8 SUV/LTR to FCA's first crossover vehicle, the 500X and the CP671 to its commercial van, the Ducato. About Nexen Tire Nexen Tire, established in 1942, is a global tire manufactuer headquartered in Yangsan, South Gyeongsang Province, and in Seoul, South Korea. Nexen Tire, one of the world's fastest growing tire manufacturers, has 205 dealers based in approximately 130 countries around the world and owns three manufacturing plants – two in Korea (Yangsan and Changnyeong) and one in Quigdao, China. Another plant in Zatec, the Czech Republic will be operational by 2018. Nexen Tire produces tires for passenger cars, SUVs and light trucks with advanced technology and excellence in design. The company also focuses on producing UHP tires, which are based on advanced technologies. Nexen Tire supplies OE tires to global car makers in various countries around the world. In 2014, the company achieved a grand slam of the world's top 4 design awards for the first time amongst the various tire makers in the world. For more information, please visit http://www.nexentire.com.