Tire Industry 2Q Report: Threat of Price Increases Impacts Volume
Manufacturers are considering base price realignments in response to higher than expected raw material costs.
Bridgestone Announces Price Increases for U.S. Market
Following similar moves from other tiremakers, Bridgestone Americas Tire Operations is raising prices on passenger and light truck tires.
Cooper Tire to Increase Prices by Oct. 1
Cooper Tire & Rubber Company will increase prices up to 4% across all of its brands by Oct. 1.
Firestone Ag Issues Price Increase for Products Sold in North America
Firestone Ag will increase prices up to 4% for select agricultural tires sold in the U.S. and Canada.
Goodyear to Increase Prices on Select Consumer Tires
Goodyear Tire & Rubber Co. will raise prices by 3% on select consumer tire lines, effective Sept. 1.
Alliance Tire Americas to Increase Prices
The tiremaker cited a price increase in raw materials as the reason for increasing its own prices.
Falken Tires Announces Price Increase, Dealer Program Enhancements
Sumitomo Rubber North America announced price increases to certain lines and enhancements to its Falken Tire-brand dealer programs.
The Carlstar Group To Increase Prices Due to Steel, Aluminum Tariffs
The Carlstar Group cites the new steel and aluminum tariffs among other market factors for the price increase.
CMA Announces Price Increase for Double Coin
China Manufacturers Alliance (CMA) is increasing prices on its Double Coin produced TBR, high speed crane and ROTR products beginning Nov. 1. Due to current pricing pressures, CMA is initiating a general price increase of up to 6% with some in-line price adjustments.
Triangle Announces Price Increase
Triangle Tire USA is increasing prices up to 6% with in-line adjustments on all its products sold in the U.S., effective Oct. 1.
Hankook Announces Price Increase
Hankook Tire Co. has announced a varied price increase of up to 3.5% on their commercial products.
Yokohama Increases Prices on Commercial, OTR Tires
Yokohama Tire Corp. announced a price increase of up to 4% on all of its commercial and off-the-road (OTR) tires sold in the U.S., effective Sept. 1. Some in-line adjustments on consumer tires will also be implemented at the same time.