WAYNE, NJ --
Hankook Tire America Corp. announced this week it is raising prices on its full line of passenger, high performance, light truck and medium truck tires by as much as 6 percent.
The price increases, which will take effect July 1, are consistent with price hikes announced recently by other major tire manufacturers marketing their products in the U.S. Rising costs in raw materials, particularly petroleum products, as well as higher costs in transportation and general operating expenses are the reasons for the price increase.
_______________________________________
Click here to view the rest of today's headlines.
