Pirelli Tyre ups pricing in Europe, Middle East and Africa
Pirelli Tyre, a division of Pirelli & Cie SpA, will raise car and motorcycle tire prices between 4% and 9% in Europe, the Middle East and Africa. The price increases will take effect between April and June 2007.
The company cites rises in energy and raw materials costs as the reason for the increases.
Pirelli also will raise prices on its industrial tires between 3% and 7% in the same areas sometime this month.