Retail

Continental announces price increases

Order Reprints

Continental Tire North America (CTNA) Inc. will raise prices on all of its passenger and light truck tires up to 5% on July 1.

"The price increase is necessary due to the continuing increase in raw material, labor and medical costs," says Jerry Potter, CTNA controller.

Yesterday, Pirelli Tire North America Inc. also announced price hikes of up to 5% on its passenger and light truck tire lines, effective July 1.

Goodyear Tire & Rubber Co., Bridgestone/Firestone Inc. and Michelin North America Inc. announced coming price increases earlier this month, as well.

Related Articles

Accuride announces net gain in 1Q

Sales Makers or Order Takers? How to Determine 'Who’s Who' on Your Team

Mergers, E-commerce and More: Chip Wood’s Take on Five Hot Topics

You must login or register in order to post a comment.