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Michelin to hike prices across product lines

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Michelin North America Inc. is raising prices on its passenger, light truck and medium truck replacement tires sold in the United States.

In addition, Michelin and BFGoodrich brand medium truck tire prices will increase by an average of 8% on Dec. 1. On the same day, Michelin Retread Technologies Inc. retread prices will increase by the same amount.

On Feb. 1, 2011, Michelin, BFGoodrich, Uniroyal, private and associate brand passenger and light truck tire prices will increase. Hikes will vary by product line, according to Michelin officials.

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