AKRON (March 6, 2012)—Goodyear is raising prices on its consumer tires in the U.S. and Canada and commercial tires in the U.S. by up to 6 percent, effective April 1.
Goodyear cited escalating raw materials costs as the reason for the increases, which affect all Goodyear brands, including Dunlop, Kelly and associate brands.
Goodyear last raised U.S. prices on commercial tires on Nov. 1 by up to 10 percent—that increase included prices for retreads and tread rubber—and in Canada on July 1 by 6 percent.
This is Goodyear's fourth price increase on commercial tires in a year.
The last Goodyear consumer tire price hike was Oct. 1, by up to 5 percent.