Goodyear announces commercial tire price hikes

June 4, 2008

Goodyear Tire & Rubber Co. is raising prices on some of its commercial tires up to 9%, effective July 1. The company's Goodyear, Dunlop and Kelly brands in North America will be impacted by the increase.

"In addition, due to continued increases in raw material, energy and

transportation costs, (Goodyear) has increased commercial tire retread

rubber prices up to 9%," say Goodyear officials. The increase went into effect on June 1.

Goodyear also raised prices on tread rubber for OTR tires up to 12% on June 1.