LAKEVILLE, Ind.—Continental A.G.'s Hoosier Racing Tire Corp. will raise prices on select Hoosier-brand race and street tire products up to 15 percent, effective Sept. 1.
"These updated prices will be implemented in numerous segments and into various existing contracts starting Sept. 1 and latest by Dec. 31," Hoosier Racing President Joerg Burfien said, without elaborating on the reasons for the increase.
Prices and increases may vary across specific products within different racing segments, the company said, noting that more details will be presented to its distributors and dealers.