Giti Will Raise Consumer and Truck Tire Prices

March 18, 2022

Giti Tire (USA) Ltd. plans to raise passenger and medium truck tire prices in May.

The tiremaker says it will raise the price on all "Giti-produced" passenger, light truck and truck bus radial tires sold in the U.S. by up to 8%.

The company the hike is in response to "the continued increase in raw material costs and other business and operational expenses."