SHANGHAI, China (March 29, 2011)—Continental Tires will increase prices for replacement car and truck tires in Asia on April 1, the company said.
Blaming higher raw material prices for the increases, the firm said it will boost prices for Continental brand passenger and light truck tires products by up to 5 percent, and radial truck and bus tires by as much as 6 percent.
Conti said it will increase the price of all other brands by up to 9 percent.