RANCHO CUCAMONGA, Calif. (Aug. 25) — Kumho Tire U.S.A. Inc. will increase tire prices up to five percent, effective Oct. 1, on its passenger, light truck and commercial truck tires, depending on the model.
David Hudrlik, Kumho´s vice president and director of sales, cited continuing price increases for raw materials and rising transportation costs as the reason for the increase.
The Rancho Cucamonga-based company last raised prices July 1.