{"id":93,"date":"2015-02-04T18:31:18","date_gmt":"2015-02-04T18:31:18","guid":{"rendered":"http:\/\/www.gtradial-us.com\/blog\/?p=93"},"modified":"2019-10-31T17:28:50","modified_gmt":"2019-10-31T17:28:50","slug":"giti-tire-usa-ltd-announces-an-additional-price-increase-due-to-u-s-department-of-commerce-duties","status":"publish","type":"post","link":"https:\/\/www.gtradial-us.com\/blog\/giti-tire-usa-ltd-announces-an-additional-price-increase-due-to-u-s-department-of-commerce-duties\/","title":{"rendered":"GITI TIRE (USA) LTD. ANNOUNCES AN ADDITIONAL PRICE INCREASE DUE TO U.S.DEPARTMENT OF COMMERCE DUTIES"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"927\" height=\"350\" src=\"https:\/\/www.gtradial-us.com\/blog\/wp-content\/uploads\/2019\/10\/global_201522173021393.jpg\" alt=\"\" class=\"wp-image-94\" srcset=\"https:\/\/www.gtradial-us.com\/blog\/wp-content\/uploads\/2019\/10\/global_201522173021393.jpg 927w, https:\/\/www.gtradial-us.com\/blog\/wp-content\/uploads\/2019\/10\/global_201522173021393-300x113.jpg 300w, https:\/\/www.gtradial-us.com\/blog\/wp-content\/uploads\/2019\/10\/global_201522173021393-768x290.jpg 768w\" sizes=\"auto, (max-width: 927px) 100vw, 927px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">RANCHO CUCAMONGA, CA (Feb. 4, 2015) &#8212; GITI Tire (USA) Ltd. has announced a price increase of 5.5% on all passenger and light truck tires (excluding ST tires) the company sells in the United States, effective immediately.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The total anti-dumping duties assessed to Giti Tire are 30.91% (combining the 11.74% CV duties and the 19.17% AD duties). The company has responded by raising its prices a total of 15% (9.5% effective Jan. 1, 2015, and 5.5% effective Feb. 4, 2015).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWe appreciate the outstanding relationships we\u2019ve developed with many of the country\u2019s top tire dealers and will continue to work closely with them to provide consumers a great tire at an affordable price,\u201d said Armand Allaire, Executive Vice President, Sales and Marketing, for GITI Tire (USA) Ltd. \u201cWe are very committed to the U.S. market, as evidenced by the fact that we will be holding a groundbreaking ceremony for the new Giti Tire plant in Chester County, South Carolina, on Feb. 12.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About Giti Tire<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Giti Tire Group, headquartered in Singapore, has been in the tire business since 1951, and is ranked 10th globally by Tyre Press. Giti Tire operates 8 manufacturing plants, produces a broad range of tire products, serving major original equipment vehicle manufacturers, auto-service outlets, tire dealers and consumers in more than 130 countries worldwide.<br>GITI Tire (USA) Ltd., based in Rancho Cucamonga, California, is the sales, marketing, and distribution company for North America. It markets and sells a family of brands: GT Radial, Primewell, Dextero, and Runway tires for high performance vehicles, passenger, SUV, light truck and medium trucks through national retailers, independent retailers and distributors across the United States and Canada.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RANCHO CUCAMONGA, CA (Feb. 4, 2015) &#8212; GITI Tire (USA) Ltd. has announced a price increase of 5.5% on all passenger and light truck tires (excluding ST tires) the company sells in the United States, effective immediately. The total anti-dumping duties assessed to Giti Tire are 30.91% (combining the 11.74% CV duties and the 19.17% &hellip; <a href=\"https:\/\/www.gtradial-us.com\/blog\/giti-tire-usa-ltd-announces-an-additional-price-increase-due-to-u-s-department-of-commerce-duties\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">GITI TIRE (USA) LTD. ANNOUNCES AN ADDITIONAL PRICE INCREASE DUE TO U.S.DEPARTMENT OF COMMERCE DUTIES<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-93","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GITI TIRE (USA) LTD. 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ANNOUNCES AN ADDITIONAL PRICE INCREASE DUE TO U.S.DEPARTMENT OF COMMERCE DUTIES | GT Radial\" \/>\n<meta property=\"og:description\" content=\"RANCHO CUCAMONGA, CA (Feb. 4, 2015) -- GITI Tire (USA) Ltd. has announced a price increase of 5.5% on all passenger and light truck tires (excluding ST\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gtradial-us.com\/blog\/giti-tire-usa-ltd-announces-an-additional-price-increase-due-to-u-s-department-of-commerce-duties\/\" \/>\n<meta property=\"og:site_name\" content=\"GT Radial\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-04T18:31:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-10-31T17:28:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gtradial-us.com\/blog\/wp-content\/uploads\/2015\/02\/global201522172957236.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"150\" \/>\n\t<meta property=\"og:image:height\" content=\"90\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"studio3\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"studio3\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.gtradial-us.com\\\/blog\\\/giti-tire-usa-ltd-announces-an-additional-price-increase-due-to-u-s-department-of-commerce-duties\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.gtradial-us.com\\\/blog\\\/giti-tire-usa-ltd-announces-an-additional-price-increase-due-to-u-s-department-of-commerce-duties\\\/\"},\"author\":{\"name\":\"studio3\",\"@id\":\"https:\\\/\\\/www.gtradial-us.com\\\/blog\\\/#\\\/schema\\\/person\\\/3c0b6df97d6c120b5222a8517d8b23e3\"},\"headline\":\"GITI TIRE (USA) LTD. 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