Pirelli raising tyre prices in Asia-Pacific, Middle East and Nafta regions

Milan, Italy-Pirelli has announced price rises of between 3 and 5 percent, for all brands of car, motorcycle and heavy truck tyres, between now and December. The rises apply in the Asia-Pacific, Middle East and NAFTA markets, Pirelli announced 26 Oct.

The Milan-headquartered tyre maker said the rises follow strong increases in the prices of some raw materials and in power costs in the tyre sector.