More, More, More, More Tire Price Increases Coming

More, More, More, More Tire Price Increases Coming

Four tiremakers took advantage of the long weekend to announce additional price increases. These four price hikes brings to 82 the number of tire price increases for the U.S. and Canada announced this year.

Four tiremakers took advantage of the long weekend to announce additional price increases. These four price hikes brings to 82 the number of tire price increases for the U.S. and Canada announced this year.

Bridgestone Americas said it is raising prices for passenger and light truck/SUV tires – replacement and OE – by up to 8%. The increase will be effective Nov. 1, and will cover Bridgestone, Firestone and associate brand lines.

Michelin North America is increasing prices on both consumer and commercial lines as of Oct. 3. Getting adjustments are Michelin, BFGoodrich, Uniroyal and private and associate brand passenger and light truck/SUV replacement tires, which will increase by up to 9%.

Michelin and BFGoodrich replacement medium truck radials and Michelin Retread Technologies and Oliver brand retread tread rubber will see price increases of up to 8% as of Oct. 3. Michelin replacement ag tires sold in the U.S. and Canada will go up to 6% as of Nov. 1.

Goodyear said it is raising prices on its replacement consumer tires – Goodyear, Dunlop and Kelly brands – sold in North America by up to 5% as of Oct. 1.

Hankook Tire America Corp. took a Sept. 1 price increase of 2% to 4% on some of its passenger and light truck/SUV tires, but it also lowered prices on two touring lines by 5% to 7%, the company said.

Courtesy of TIRE REVIEW magazine.

You May Also Like

Standard Motor Products Announces 123 New Numbers

The release provides new coverage in 53 distinct product categories and 47 part numbers for 2023 and 2024 model-year vehicles.

Standard Motor Products, Inc. (SMP) announced the introduction of 123 new part numbers in its March new number announcement. The release provides new coverage in 53 distinct product categories and 47 part numbers for 2023 and 2024 model-year vehicles.

Internal Combustion Engine (ICE) Segment

Standard’s Fuel Injection program has expanded with eight GDI High-Pressure Fuel Pumps and GDI High-Pressure Fuel Pump Kits. Standard’s line of Variable Valve Timing components also grows with this release. VVT Sprockets have been added for Ford vehicles through 2023, and VVT Solenoids are new for General Motors vehicles. Oil Filter Housing Assemblies are new for popular European vehicles, and Oil Coolers have been added for Nissan and Subaru vehicles. Adding to Standard’s extensive Electronic Throttle Body program, new numbers have been introduced for the 2022 Ford Bronco Sport and 2022-20 Ford Escape, the company said.

BendPak Founder Don Henthorn Passes Away

Grew company from small machine shop to global leader in car lifts and garage equipment.

ASE Practice Tests Available Online

You can get a good idea of what to expect by adding the official ASE practice tests to their study plans.

AACF Celebrates 65 Years Serving the Aftermarket

AACF will be announcing more details about this commemorative fundraiser April 1st.

Auto Care Association Launches REPAIR Act Video

The goal is to emphasize the need for federal REPAIR Act legislation, according to the Auto Care Association.

Other Posts

Valvoline Celebrates Female Service Center Employees

Valvoline is launching a social media campaign led by its female experts who are sharing automotive preventive maintenance tips to promote accessible vehicle care for all.

ASE Education Foundation, Goodguys Continue Partnership

Goodguys is one of many industry relationships the foundation has developed to help solve the technician shortage.

BorgWarner Announces Plan to Reduce Supply Chain Emissions

A partnership with Manufacture 2030 will support BorgWarner in reaching its Scope 3 emissions reduction goal.

Mevotech Releases 237 New Chassis, Control Arm, Wheel End Parts

The release boosts coverage for domestic and import passenger vehicles, pickup trucks, SUVs and EVs up to model year 2023.