Kumho Tire USA announced that it will increase the price of passenger car and light truck tires sold in the United States by 8% from June 1.

The company stated that due to the unexpectedly high growth in raw material prices over the past few months, we believe it is necessary to make this adjustment in our product prices.

Not long ago, Continental Group also announced that the price of passenger tires and light truck tires sold by the company's tires in mainland China will increase by 4% on average from April 29.

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