Hankook Tire America Corp. is raising prices by up to 5 percent on its full line of passenger, high performance, light truck and medium truck tires.
The amount of the increase will vary by product line and/or size. The increases will take effect July 1, 2006.
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
Hankook Tire manufactures and markets a full range of passenger, high-performance, ultra-high performance, light and medium truck, winter radial, original equipment and truck and bus radial tires.
For more information regarding Hankook price increases, contact Bill Bainbridge at (800) HANKOOK, Ext. 531 or e-mail him at wbainbridge@hankooktireusa.com