Michelin announces price increases
Michelin North America Inc. (MNA) will be raising its prices on a variety of replacement tire lines in the United States.
Earthmover tire prices will rise 5% and farm tire prices will increase up to 6% for radials and up to 12% for bias units on Jan. 1.
MNA will boost its Michelin brand passenger and light truck tire prices up to 5% on March 1. Its BFGoodrich, Uniroyal, private and associate brand passenger and light truck tire prices will jump up to 6% the same day. Also on March 1, MNA will raise its Michelin and BFGoodrich brand commercial truck tire prices up to 6%.
In addition, MNA will hike its aviation tire prices 5% on April 1.