Michelin Americas to hike tyre prices

From Rubber & Plastics News

Greenville, South Carolina-Michelin Americas Small Tires will increase prices by an average of 3 percent July 5 on Michelin, BFGoodrich, Uniroyal and its private and associate brand passenger and light truck tyres sold in the US replacement market.

MAST’s move follows a number of other tyre makers that have announced price hikes in the last several weeks mainly due to rising raw materials costs. Cooper Tire & Rubber Co., Continental Tire North America Inc., Toyo Tire USA Corp. and Yokohama Tire Corp….

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