Current Issue


Commercial Business Retail Suppliers Wholesale Distribution

Manufacturers will hike commercial tire prices

Order Reprints

Eleven tiremakers will implement price increases next Tuesday, June 1. Several manufacturers will raise their commercial tire prices.

* Bridgestone AmericasTire Operations LLC will raise prices on its Firestone and Dayton brand truck and bus tires up to 6%.

* Continental Tire the Americas LLC will hike its medium truck tire prices up to 7%.

* Falken Tire Corp. will raise medium truck tire prices up to 4%.

* Hankook Tire America Corp. will hike its medium truck tire prices up to 6%.

* Toyo Tire U.S.A. Corp. will raise its commercial truck and OTR tire prices up to 8%.

These increases follow a wave of price hikes that went into effect on May 1. On that day, Goodyear Tire & Rubber Co. raised its medium truck tire prices (North America only) up to 8%, while Michelin North America Inc. raised prices on its U.S. replacement truck tires between 3% and 7%.

Tiremakers are citing escalating raw material, energy and transportation costs as reasons for the price increases.

Recommended Products

July 2020

August 2020

Related Articles

Goodyear will hike consumer, commercial prices

Yokohama to hike commercial tire prices

Yokohama to hike commercial tire prices

Upcoming Events

17 Feb

Tire Industry Association's OTR Tire Conference
Tucson, AZ

18 May

The Tire Cologne 2021

16 Aug

18th Annual China International Tire Expo (CITEXPO) -- rescheduled

You must login or register in order to post a comment.