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Ceat Cuts Truck Tire Prices

Indian tiremaker Ceat has cut the prices of its truck tyres by an additional 3% to 4%, news which came just days after the company announced an initial cut of 3.6%.

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“Ceat’s decision to further reduce the cost of its tyres is part of the company’s belief of giving optimum benefit to its consumers,” Ceat Vice President Arnab Banerjee said in a statement.

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Earlier, the company cut the prices of its tyres following a 4% cut in excise duty, it said. (Tire Review/Akron)

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