Hankook Prices on the Rise

Hankook Tire America is raising prices by up to 7 per cent on its entire range of passenger, high performance, and light commercial tyres. The increases will take effect April 1st, 2007.

The exact amount will vary depending on product line and/or size. The company said the price increases reflect rising costs in raw materials, particularly petroleum products and natural rubber, as well as higher costs in transportation and general operating expenses.