Cooper announces tire price increases

June 27, 2003

Cooper Tire & Rubber Co. will raise domestic passenger and light truck tire prices between 2% and 4% beginning Aug. 1.

Raw material costs are driving the increase, according to a Cooper spokesperson. The price increases will apply to "all Cooper customers."

Cooper Tire last hiked its passenger and light truck tire prices by 5% on Dec. 1, 2002.