Bridgestone to raise prices in Japan

July 7, 2008

Bridgestone Corp. will raise prices on its replacement tires sold in Japan on Sept. 1, including a 5% hike for passenger and light truck tires.

Other increases include hikes of 7% for truck and bus tires, 10% for OTR tires, and 7% to 10% for industrial vehicle tires.

Bridgestone says the hikes are needed to counter escalating raw material costs.