News in Brief
Michelin, Pirelli, Toyo, CMA raise tire prices
AKRON-Four tire makers are raising tire prices due to escalating raw material costs.
Michelin North America Inc.: an average 12 percent, on July 1, on Michelin- and BFGoodrich-brand replacement truck tires and Michelin Retread Technologies retreads sold in the U.S.
Toyo Tire U.S.A. Corp.: an average 8 percent, on June 1, on passenger car and LT tires.
China Manufacturers Alliance L.L.C.: by up to 6 percent, on June 1, on Double Coin-, associate- and private-brand truck tires and Double Coin radial OTR tires.
Pirelli Pneus Inc.: by 5 percent, July 1, on passenger and LT tires sold in Canada.
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