Hankook Will Hike Truck Tire Prices Next Month
Hankook Tire America Corp. will raise the price of its commercial truck tires sold in the U.S. by up to 5%, effective May. The increase also will apply to Hankook's aftermarket fleet programs.
"This increase is based on increasing logistics, raw material cost and other market factors that have affected internal costs," say Hankook officials.
"Dealers and fleet customers will receive additional information and questions can be addressed to account managers as needed."