“Last month I wrote that due to sharply lower raw material costs during 4Q11 I would not expect to see any further tire price hikes anytime soon. Unfortunately that was a wrong call because predictability of future raw material prices is all but impossible,” says tire industry analyst Saul Ludwig in the latest installment of the "Ludwig Report" in Modern Tire Dealer magazine.

Tags: butadiene, carbon black, Ludwig Report, Natural Rubber, Saul Ludwig, styrene, Tire prices

Continental Tire the Americas LLC (CTA) reports it is raising prices on all Continental, General and Ameri*Steel brand commercial truck tires up to 9%. This increase is effective Feb. 15, 2012, and affects all replacement sales channels in the U.S.

Tags: Continental, Tire prices, Truck tires

Yokohama tire Corp. will raise prices on its OTR tires up to 15% effective Jan. 1, 2012. The company cited "global supply pressures and elevated manufacturing and transportation costs" as the reasons for the increases.

Tags: Gary Nash, Raw material costs, Tire prices

Roy Armes, chairman, CEO and president of the Cooper Tire & Rubber Co., says in its third quarter, the company was able to show improvement in its margins “even with the persistent challenges of high raw material costs and sluggish demand in key markets and product lines where we have significant exposure. Our sales growth resulted in the company's first quarter with over $1 billion of sales.”

Tags: company financials, Cooper Tire & RubberCo., Tire prices

When a tire manufacturer says in-line tire price adjustments are needed, what does that mean to you when you want tires? It depends on the line, size, and time of year.

Tags: B.O.B., Raw material costs, Tire prices

Effective May 1, 2011, Michelin North America Inc. is increasing prices on Michelin brand earthmover replacement tires sold in the United States and Mexico by up to 8%.

Tags: Michelin financials, Tire prices