Michelin China declares to raise tyre price
According to declaration of Michelin China today, Michelin car tyre& light truck tyre prices will be raised in June 2008. The price raise is due to high price of tyre raw materials. It is learned that the price raise will include three brands under Michelin China and they are Michelin, Warrior & BF Goodrich. The price raise rate will be 3% to 7%.
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