Yokohama Tire Corp. has announced it will implement a price increase of up to 5% on all of its off-the-road (OTR) tires in the U.S., effective July 1. There will be in-line adjustments as well, which will be announced at a later date.
Effective May 1, 2012, Michelin North America Inc. is increasing prices up to 6% on Michelin compact and agricultural tires sold in the United States and Canada.
Due to escalating raw material costs Toyo Tire Canada Inc. will increase prices on the Toyo winter passenger and winter light truck tires up to 3.5% effective April 1st, 2012.
China Manufacturers Alliance LLC (CMA) will raise prices on Double Coin radial truck and OTR tires effective April 1, 2012. The increases will be up to 5%, with some in-line changes.
Goodyear Tire & Rubber Co. will raise prices on all its consumer and commercial tire brands effective April 1, 2012.
Yokohama Tire Corp. will implement a price increase of up to 8% on all of its commercial truck tires in the U.S., effective Feb. 1, 2012. There will be in-line adjustments, as well, which will be announced at a later date.
Effective Jan. 1, 2012, Toyo Tire U.S.A. Corp. will increase prices on passenger, light truck and commercial truck tires to a weighted average of 6%.
Beginning Jan. 1, 2012, Falken and Ohtsu brand passenger and light truck tires will cost dealers up to 5% more.
Bridgestone Americas Commercial Solutions (BACS), a business unit of Bridgestone Americas Tire Operations LLC, will raise base prices effective Jan. 1, 2012.
Yokohama Rubber Co. Ltd. recorded net income of 294 million yen on net sales of 258.2 billion yen for the first six months of fiscal 2011 ended Sept. 30. That compares to income of 1.2 billion yen on sales of 238.3 billion yen for the same period last year.
Pirelli Tire Inc. will raise prices by up to 7% on all of its consumer tires in Canada effective Dec. 1, 2011.
Yokohama Tire Corp. will increase prices by up to 8% on all of its consumer tires sold in the United States effective Nov. 1, 2011. There will be in-line adjustments as well, which will be announced at a later date.
Due to escalating raw material costs, Toyo Tire Canada Inc. will increase prices on Toyo passenger and light truck tires. Effective Dec. 1, 2011, passenger and light truck all-season and summer tires will be increased by up to 5%.
Continental Tire Canada Inc. will raise consumer tire prices up to 7% effective Nov. 15, 2011. There will be some in-line adjustments, according to the company.
Bob Ulrich was named Modern Tire Dealer editor in August 2000. He joined the magazine in 1985 as assistant editor, and has been responsible for gathering statistical information for MTD's "Facts Issue" since 1993.