Bridgestone raises tyre prices in Japan

ERJ staff report (DS)

Tokyo -- Bridgestone Corp is raising the prices of tyres in Japan by up to 15 percent, effective 1 June 2011. The company blamed increasing raw materials prices.

Average tyre price increases include 8.0 percent for passenger car, light truck and motorcycle tyres, 15.0 percent for off-the-road tyres for construction and mining vehicles, 10.0 percent for other kinds of tyres, including those used on industrial vehicles and agricultural equipment, and 10.0 percent for tubes and flaps.

Bridgestone previously announced that effective March 1, 2011, it will raise by an average of 7.0 percent the prices of truck and bus tyres sold in the replacement market.

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Press release from Bridgestone