Giti Tire Will Raise Prices in U.S. Next Month

Giti Tire (USA) Ltd. will raise prices on all Giti-produced tires sold in the United States, effective Oct. 1. The company is not disclosing specific amounts at this time.

“The upcoming price hike is in response to the continued increase in raw material prices, as well as increases in logistics and ocean freight costs,” according to Giti officials.

Source: Modern Tire Dealer