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Michelin will raise commercial tire prices

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Michelin North America Inc. will raise prices on its Michelin and BFGoodrich brand commercial truck tires up to 8% on April 1.

Price hikes will cover replacement tires sold in the United States and also will apply to Michelin Retread Technologies Inc. retreads.

Michelin is raising prices "due to the continued escalation of raw material costs," say Michelin officials.

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