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FORT MILL, S.C. Continental Tire the Americas L.L.C. plans to raise prices on select Continental- and General-brand passenger and light truck tires in the U.S. on March 1.
Conti did not specify the size of the increases, saying instead they will vary across specific products by brand. The company intends to relay the details of the increase to direct customers before Feb. 1.
Continental did not comment on its reasons for raising prices. It last raised prices on tires in North America in January 2019.
Continental becomes the ninth company to raise prices or announce an increase in the past few months.
Michelin, BFGoodrich to increase tire prices
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GREENVILLE, S.C. Michelin North America Inc. plans to raise prices on Michelin- and BFGoodrich-brand passenger and light truck tires in the U.S. by up to 5 percent on Feb. 1 due to changing business dynamics of the U.S. market.
The increase will affect select commercial offers to fleet customers as well, Michelin said, and complements a price increase on Uniroyal brand passenger and light truck products that went into effect in November.
Michelin last raised prices on selected Michelin-, BFGoodrich- and Uniroyal-brand passenger and light truck tires on March 16, by up to 7 percent in the U.S. and 5 percent in Canada.
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GREENVILLE, S.C. Michelin North America Inc. plans to raise prices on Michelin- and BFGoodrich-brand passenger and light truck tires in the U.S. by up to 5% on Feb. 1 due to changing business dynamics of the U.S. market.
The increase will affect select commercial offers to fleet customers as well, Michelin said, and complements a price increase on Uniroyal brand passenger and light truck products that went into effect in November.
Michelin last raised prices on selected Michelin-, BFGoodrich- and Uniroyal-brand passenger and light truck tires on
March 16, by up to 7% in the U.S. and 5% in Canada.