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Kumho announces US consumer, commercial price increase

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Kumho Tire USA has issued the 99th individual tyre price hike in the US and Canada this year, planning to raise prices by up to 8 per cent on its passenger, light truck/SUV and medium truck radials tyres, reports Tire Review.

The increase impacts the US only, and takes effect on 1 November. Kumho said the amount of the increase will vary by product and size.

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