Today the global tyre manufacturer NEXEN TIRE announced that due to significantly increased raw material prices as well as freight and logistics costs, the prices for all company brands in the replacement market have to be adjusted.
The prices for all the company’s summer, winter and all-season tyre product lines on the European market, including UK and Russia, will be adapted caused by changing market conditions as of August 1st 2021.
The tyre industry is forced to raise its prices, because of increased raw material costs and the sharp rise in logistics costs,” explains John Bosco Kim, President of NEXEN TIRE Europe s.r.o..
NEXEN TIRE still keep offering its customers the best price/performance ratio on the market in future,” says John Bosco Kim
