Goodyear Tire & Rubber Co. will increase the prices of its commercial tires and retreads, and some commercial services, on Dec. 1, 2018.

The company says in the U.S. all brands of tires and retreads will go up by as much as 4%. Select commercial services will increase by the same amount.

Goodyear attributes the price hike to "higher business costs" and says the increase reflects "the strong value of the Goodyear brand." 

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