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Nexen Tire to Raise Prices in November

(Akron/Tire Review) Ontario, Calif.-based Nexen Tire America Inc. announced price increases on passenger and light truck tires that will take effect Nov. 1.

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The increases, up to 6%, will vary by distribution channel and product line. The main reasons for the price hikes include rising raw materials, transportation and operating costs, according to Nexen.

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