Iran Tire Industry Association and its members have received the required permits to increase the prices of locally made tires by 9.6%.
“Upon tire manufacturers’ request to raise prices for locally made tires, the Consumer and Producer Protection Organization and other related authorities have given the green light to the makers to hike prices by 9.6%,” speaker of the association, Mostafa Tanha, was quoted as saying by local automotive website Asbe Bokhar.
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