KRANJ, Slovenia—Mitas, part of the Trelleborg Group, is increasing prices across its line for motorcycle, scooter, go-kart, trailer and aircraft tires, as well as for its complete range of tubes and mousses.
The increases, which range from 5 percent to 10 percent, will take effect starting Oct. 1. Specific details will be communicated to customers directly, Mitas said.
This is Mitas' second price hike this year. The company said the hike was due to "significantly higher prices of raw materials and logistic services across the industry, with inflation affecting a number of industries after the reopening of markets post-pandemic shutdowns."