Hankook Tire Announces Price Increase of Up To 5%

This increase is based on increasing logistics, raw material cost, and other market factors that have affected internal costs.

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April 1, 2021

Hankook Tire Announces Price Increase of Up To 5% — This increase is based on increasing logistics, raw material cost, and other market factors that have affected internal costs.

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Hankook Tire has announced a price increase of up to 5% for dealers on commercial truck tire products sold in the U.S. Additionally, a price increase will occur on all aftermarket fleet programs.

This will be effective on shipments on or after May 1, 2021.

This tire cost increase is based on increasing logistics, raw material cost, and other market factors that have affected internal costs. Dealers and fleet customers will receive additional information, and questions can be addressed to account managers as needed.

Topics:Tires Hankook Operations

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