Recently, the US Carlstar Group announced that it will increase the price of its ITP brand special tire products by 5%-8% from February 6, 2017.
Tire manufacturers believe that this price increase will affect all tire brand products, including ATV (ATV) UTV (agricultural vehicle), and two-wheeler tires.
The Carlstar Group said that the rise in raw material costs is the main reason for this price increase.
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