Kumho Tire USA Inc. will increase prices of its passenger, light truck and medium truck tires on April 1.

The increase will be up to 8% and will vary by sku, the tire maker says.

The price hike reflects economic factors such as increased raw material costs.

In a statement Kumho said it prides itself "on making best-in-class products at competitive prices, with superior quality and innovative technology. The company is fully committed to its continuous development on products and maintenance on exceptional services even with increased cost in production. Kumho Tire is confident that the price increase will ultimately benefit the customer experience."

For more information about the high-quality products by Kumho Tire, please kumhotireusa.com.