Continental plans price increases on commercial tires

Nov. 16, 2004

Continental Tire North America Inc.´s Commercial Group has let its dealers know it will raise prices effective Jan. 1, 2005. The increases affect all truck and off-the-road brands and will range from 3% to 6%.

Continental is one of four tire manufacturers to date that officially will raise commercial tire prices by Jan. 1.

Hankook Tire America Corp. announced yesterday it will raise prices on its medium truck tires the first of the year. The increases will range from 3% to 5%.

In October, both Yokohama Tire Corp. and Pirelli Tire North America announced they will raise their commercial tire prices before the year is out.

Yokohama´s "across the board" tire price increases will go into effect Dec. 31. Commercial and off-the-road tire lines will be raised by 3% to 5%.

Pirelli will raise prices 3% to 5% on its heavy-duty truck tires.