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Giti Tire to Increase Prices on Oct. 1

The company said the price increase is in response to the continued increase in raw material prices and other factors.

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Giti Tire announced it will raise prices on all Giti-produced tires sold in the U.S., effective Oct. 1. The company said it will not disclose the amount of the price increase at this time. The price hike is in response to the continued increase in raw material prices, as well as an increase in logistics and ocean freight costs, Giti said.

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