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Hankook Announces Price Increase

Hankook Tire Co. has announced a varied price increase of up to 3.5% on their commercial products.

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Hankook Tire Co. has announced a varied price increase of up to 3.5% on their commercial products. The increase is effective Oct. 1.

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Hankook had previously increased prices slightly on April 1. Due to how modest the increase was, it left the company under-recovered, and has required Hankook to take further action due to other business factors such as increasing operating and production costs, the tiremaker said.

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