Hankook raising prices by up to 6 percent

Hankook is raising prices by up to 6 percent on its car, light truck and medium duty truck tires. The specific amounts of the increases, taking effect on June 1, will vary by product line and size.

“While we remain focused on controlling our manufacturing and distribution expenses,” says Todd Hershberger, senior vice president, “the costs of energy, raw materials and transportation has continued to rise, making it necessary for us to make this price adjustment.”

For more information, visit www.hankooktireusa.com.