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Thursday, 24 February 2011
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Tyre prices set to inflate
There's bad news for South African drivers as tyre companies announce price increases. Continental, with a factory in Port Elizabeth, has said that the high price of natural rubber used in the production of tyres has forced it to hike pricing by an average of 7.5 percent in January 2011, with a further increase expected in the second quarter of 2011. Dieter Horni, Managing Director of
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