Friday, November 15, 2024

No brakes on tyre price hikes likely for now

Indian tyre prices are expected to increase again. Manufacturers say previous price hikes do not cover the rising cost of natural rubber. Global rubber prices have surged due to high demand and bad weather in Southeast Asia. High shipping costs and long delivery times have also impacted tyre production.

from Auto-Industry-Economic Times https://ift.tt/13T5cpu

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