Retail

Second wave of price hikes continues

Order Reprints

Bridgestone/Firestone (BFS) Inc. has joined the ranks of major tiremakers raising prices a second time this year.

BFS plans to increase Bridgestone and Firestone brand commercial medium truck and bus radial tire prices by 4% on July 1. And prices for counterpart tires in the company's Dayton line will jump 3% on the same date.

The price hikes are in response to rising energy and raw material costs, say BFS officials.

Both Goodyear Tire & Rubber Co. and Michelin North America Inc. announced passenger and light truck tire price increases earlier this month.

Related Articles

TBC Continues Good Deeds for Hospital Workers

The Power of Perseverance: Past Tire Dealer of the Year Award Winners Keep Moving Forward

Telle Tire Buys Its 6th Store of 2020

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