Titan will raise OE tire prices in July

Titan Tire Corp., a subsidiary of Titan International Inc., will raise prices on its original equipment tires and assemblies on July 1.

The increase will range from 7% to 37%, depending on the tire, to offset rising costs for natural rubber, bead wire and oil-based material such as synthetic rubber and carbon black, say Titan officials.

"Overall synthetic rubber shortages have also contributed to rising raw material costs."