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Kumho to Raise Prices

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(Akron/Tire Review) Kumho Tire USA Inc. announced that it will increase prices on 1 October. Passenger, light truck and commercial truck tyre prices will increase up to 5 per cent, depending on tyre model. Continuing price increases for raw materials and rising transportation costs were the reasons for the increase, according to David Hudrlik, vice president and director of sales.

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