FORT MILL, S.C.—Continental Tire the Americas L.L.C.is raising prices on select Continental and General passenger and light truck tires in the U.S. market, effective April 1.
Conti said these increases will vary across specific products by brand, but it did not disclose the percentages. Specific details of the increase will be available to direct customers by March 1, the tire maker said.
Conti did not elaborate on its reasons for raising prices at this time.
The increase is Conti's fifth in the past 14 months. Conti previously raised prices on Conti- and General-brand consumer tires on Jan. 3, Oct. 1, July 1 and March 1, each time by undisclosed amounts
Conti's Hoosier Racing Tire Corp. business unit raised prices Sept. 1 on select Hoosier-brand race and street tire products up to 15%.