Michelin North America Inc. will increase prices up to 8% for its passenger, heavy-truck, earthmover, industrial-handling, agriculture and two-wheel segments across all brands in North America.
The company says the increase will be implemented separately by individual segments; customers will be notified directly with specific details. Michelin didn't say how quickly it will roll out the price hikes.
Michelin says this represents its first increase since 2012. The company is the sixth to announce price increases effective in 2017.
For more information, visit www.michelinman.com.