GREENVILLE, S.C. (April 3)—Michelin America Small Tires, Bridgestone/Firestone Inc. and Yokohama Tire Corp. will increase prices on their passenger and light truck tires. Michelin will boost prices up to 5 percent on passenger and light truck tires sold to the U.S. replacement market. The increase, effective June 5, affects Michelin, BFGoodrich, Uniroyal and all private and associate brands. Bridgestone/Firestone Inc. is raising prices up to 4 percent on all replacement passenger and light truck tires it sells, effective June 1. Specific price hikes by product line will be issued by May 10, Bridgestone/Firestone said. Yokohama will raise prices up to 3 percent on Yokohama brand and associate brand passenger and light truck tires, effective May 1. The companies blamed the hike on increasing raw materials costs.
Tire makers to raise to raise passenger, light truck tire prices
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