Hankook & Company Group Targets European Aftermarket at Major Auto Parts Expo

Participation in Automechanika Frankfurt
Showcasing Batteries and Thermal Management Solutions
Expanding Global Aftermarket Presence

Hankook & Company Group is targeting the European automotive parts aftermarket.

Booth view of Hankook&Company Group at Automechanika Frankfurt 2026. Hankook&Company Group

On September 9, Hankook & Company Group announced that it will participate in "Automechanika Frankfurt 2026," an automotive parts exhibition to be held in Frankfurt, Germany.

Automechanika Frankfurt is a global automotive parts and services trade fair that has been held every two years since 1971. For this event, Hankook & Company's battery business division, ES (Energy Solution) Division, and Hanon Systems, a thermal energy management solutions company, will jointly participate, operating a unified exhibition hall under the "Hankook" brand. This marks the second time the two companies have participated together in a global exhibition, following the “AAPEX 2025” event that took place in Las Vegas, USA in November of last year.

The ES Division of Hankook & Company is showcasing its lineup of premium automotive batteries, including AGM (Absorbent Glass Mat), EFB (Enhanced Flooded Battery), and MF (Maintenance Free). In particular, the AGM battery is optimized for auto stop-and-start systems and electric vehicles, and boasts improved lifespan and durability compared to standard batteries. The company plans to utilize its Frankfurt subsidiary established in 2022, the Hamburg logistics hub, and production facilities in Korea and the United States to address the growing demand for 12V batteries in Europe.

Hanon Systems will leverage its thermal management technology, gained through the supply of HVAC systems, compressors, and other original equipment (OE) parts for new vehicles, to make a full-scale entry into the European replacement parts market. Europe is Hanon Systems' largest market, accounting for more than 35% of its total sales. Under the theme “Driven by OE Expertise,” Hanon Systems presented detailed strategies to local partner companies. By integrating the local distribution network expertise that Hankook Tire & Technology has developed in the European tire replacement market, the group aims to generate synergy at the group level.

According to market research firm Straits Research, the global automotive aftermarket size was approximately $446 billion (KRW 611 trillion) as of 2025. Of this, the European market accounted for $109.7 billion (KRW 150 trillion), representing 24.6% of the total. In Europe, the demand for parts replacement is rapidly growing due to strict regular inspection standards and reinforced eco-friendly regulations, which are extending the lifespan of vehicle operation.

This content was produced with the assistance of AI translation services.