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Bridgestone will raise prices in Europe

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Bridgestone Corp. will raise prices on tires for cars and light commercial vehicles from 3% to 5% in Europe.

The increases go into effect on Feb. 1.

"The increase in the cost in oil-based raw materials, natural rubber and energy has continued even beyond our expectations and stays at a historically high level," says Michihiro Suzuki, director, sales administration, for Bridgestone Europe.

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