Kumho to raise prices up to 8%

FONTANA, Calif. (April 25, 2005) — Kumho Tire USA Inc. will increase its tire prices up to 8 percent, effective June 1.

Fontana-based Kumho said the increases apply to its passenger, light truck and commercial truck prices. Exact increases will vary by tire model.

The tire maker, which last increased prices in October, cited rising raw material and shipping costs for the raises.

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