Kumho to raise medium truck tire prices

FONTANA, Calif. (June 10)—Kumho Tire USA will increase its medium truck tire prices 3 percent, effective July 1, to compensate for increases in raw material and other costs, the firm said. "Like other tire companies, we have experienced increased costs for raw materials, transportation, distribution and other manufacturing costs," said David Hudrlik, vice president and director of sales.