PTNA Raise Passenger/LT Prices

Pirelli Tire North America (PTNA) is raising prices in the United States by an average of five per cent for all passenger and light truck tyres. According to a company statement the price increase comes in response to increasing raw material, energy and logistic costs. The exact amount of the increase will vary by product line and/or size. New prices will take effect on 1 November 2007.