Kumho Tire USA Inc. will be raising prices by up to 8% on passenger, light truck and commercial tires in the US. The amount of the increase will vary by product and size.

Tags: Commercial Tires, Kumho Financials, Light truck tires, Passenger tires

Tire manufacturers and marketers increased domestic replacement consumer tire prices anywhere from one to three times over the course of 2010. Passenger and light truck tire prices have risen due to rising raw material and transportation costs.

Tags: Bridgestone financials, Consumer Tires, Continental financials, Cooper Financials, Goodyear financials, Hankook financials, Kumho Financials, Michelin financials, Pirelli financials, Price increase, Raw material costs, Toyo Financials, Yokohama financials

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A lot has been reported lately on the financial problems of the Kumho Asiana Group. Because of the way Korean companies are structured, it can be hard to understand just what is happening to whom and why.

Tags: B.O.B., Kumho Asiana Group, Kumho Financials, South Korea

It seems as though South Korean tire manufacturer Kumho Tire Co. Inc., through no fault of its own, is either a) going through a “debt restructuring,” or b) may soon be placed under a “debt workout program.”

Tags: Kumho Financials