Kumho Tire Japan will raise wholesale tire prices in all categories. The price increase will be implemented from September 1 for winter tires and from October 1 for summer and all-season tires with an average increase of 5 percent, depending on the product and size. The company said that in addition to soaring raw material prices, production and transportation costs...
Kumho Tire Japan Inc. will increase its domestic prices on tires by 7 percent from April 1, following a similar announcement made recently by Yokohama Rubber Co. Ltd. (TYO:5101). The change will apply to tires for passenger vehicles, vans, trucks and buses. A representative from Kumho Tire stated that the company could not absorb the rising prices of both natural...
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