FORT MILL, S.C.—Continental Tire the Americas L.L.C. is planning to raise prices Jan. 3 in the U.S. on select Continental- and General-brand passenger and light truck tires by yet-to-be-disclosed percentage.
The increase, Conti's fourth in the past year, will vary across specific products by brand. Details of the increase will be made available to direct customers by Dec. 1.
Conti did not elaborate on its reasons for raising prices as of Nov. 3.
Conti previously raised prices on Conti- and General-brand consumer tires on 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 percent.