Pirelli hikes prices in Italy

Nov. 14, 2007

Pirelli & Cie SpA raised prices on its passenger, SUV, van and industrial vehicle tires in Italy on Nov. 1.

Prices went up by an average of 3.5%.

On Dec. 1, Pirelli plans to increase truck tire prices, which will "extend progressively to the other European markets by the beginning of 2008," say company officials.