ERJ staff report (DS)
Paris - Michelin said it intends to raise prices of truck tyres in Europe by an average of 5 percent. The increases are being phased in from 1 December and will be complete by 1 January, said the company.
Michelin blamed the move on increasing raw material prices.
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Announcement from Dow-Jones via London Stock Exchange
Michelin To Raise Prices Of Truck Tires In Europe By Average 5 percent from Dow Jones via Automateed Trader