CTNA will raise consumer tire prices up to 5%

Feb. 1, 2007

Continental Tire North America Inc. (CTNA) will raise prices on its Continental, General and proprietary brand passenger and light truck tires up to 5%, effective April 2.

The price increase covers tires sold in the United States and "is a result of the escalation of raw materials, including natural rubber," say CTNA officials.

Increases will vary by market line and/or tire size, they add.