Akron, Ohio – For the second time this year, Goodyear will increase prices across of all its brands in the US and Canada.
In an email statement 4 April, the tire maker said it will increase prices by approximately 6% beginning 1 May. This is in addition to a previously announced price increase that took effect 1 Feb.
According to a company spokesperson, the rising costs of raw materials is a key factor driving the second price hike.
Raw materials costs have been a driving force that has…