Alliance Tire Americas, Inc. (ATA) will adjust prices up to 4% across all product lines for the Alliance, Galaxy, and Primex brands, effective Nov. 1.
The price changes reflect market conditions and increased transportation costs, ATA said in a press release. The is the second price increase the company will do this year after increasing prices across all its lines up to 6% in April.
“ATA is committed to providing superior quality products at a competitive price,” the press release says. “ATA thanks its customers for their continued support and partnership throughout these market adjustments.”
Alliance Tire is one of many tiremakers to increase its prices in the fourth quarter this year. Below, find a timeline of tire price increase announcements from manufacturers and how much they have hiked their prices this year.
- Sept. 21: Alliance Tire announces price increases up to 4% by Nov. 1.
- Sept. 12: Kumho Tire to increase prices by up to 6% by Oct. 1.
- Sept. 10: Bridgestone to raise prices on passenger and light truck tires by up to 3.5% by Oct. 1.
- Sept. 5: Cooper Tire & Rubber Company to hike prices by up to 4% across all of its brands by Oct. 1.
- Aug. 29: Firestone Ag will increase prices up to 4% for select agricultural tires sold in the U.S. and Canada by Oct. 1.
- Aug. 20: Goodyear Tire & Rubber Co. announced it will raise prices on select consumer tire lines by up to 3%, effective Sept. 1.
- April 16: Alliance Tire Americas announced it will hike prices by up to 6% by May 1.
- April 3: Falken Tires announced a price increase between 3-7% on certain products by May 1.
- March 28: The Carlstar Group announced it would increase prices up to 18% on all steel and aluminum wheels and steel components effective April 9.
- March 19: Camso announced it would raise prices 1-6% on its aftermarket products including tires due to the rising cost of raw materials.
Many manufacturers have cited the increased cost of raw materials – such as carbon black and butadiene – as a reason for raising their prices.
