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Pirelli hikes prices in Italy

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Pirelli & Cie SpA raised prices on its passenger, SUV, van and industrial vehicle tires in Italy on Nov. 1.

Prices went up by an average of 3.5%.

On Dec. 1, Pirelli plans to increase truck tire prices, which will "extend progressively to the other European markets by the beginning of 2008," say company officials.

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