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Falken hiking tire prices

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FONTANA, Calif. (Oct. 6, 2010)—Falken Tire Corp. will hike prices on passenger, light truck and Ohtsu truck and bus lines by up to 8 percent Nov. 1.

Price increases by tire line will vary by product size and type and may include in-line adjustments, the tire marketer said.

The increases are a result of the continuing escalation in raw materials costs affecting the tire industry as a whole, Falken said.