Michelin raises tire prices in Europe again

Amsterdam – Groupe Michelin is introducing a new round of tire price rises in Europe in various segments, the French tire-maker has confirmed to ERJ.

Michelin made the announcement during a JP Morgan’s investor forum on 12 May, in Amsterdam.

“Further prices increases have been announced in Europe in the truck (up 5% to 8% from May), passenger car and light truck (2% to 3% from June and agricultural (up 12% from July) segments,” the company said.

These price rises are on top of the previous round which…

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