Michelin announces price increases

Oct. 28, 2003

Michelin North America Inc. will increase prices up to 5% on select replacement passenger and light truck tires effective Feb. 1, 2004. The company's Michelin, BFGoodrich, Uniroyal and private and associate brand tires will be affected.

Michelin cites the continued escalation of raw material costs as the reason for the increase.