A new round of price surges has swept the tire industry. Multiple leading manufacturers raised prices by 2%–8% starting April 1 due to soaring raw material, logistics and labor costs. Phased adjustments are planned by some companies, and additional price hikes may follow.
Read MoreA new round of price surges has swept the tire industry. Multiple leading manufacturers raised prices by 2%–8% starting April 1 due to soaring raw material, logistics and labor costs. Phased adjustments are planned by some companies, and additional price hikes may follow.
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