Michelin North America Announces Price Increases

Continuing increases in raw material, energy and transportation costs have been cited as factors for Michelin North America’s most recently announced priced increases for passenger, light truck, earthmover and industrial tyres.

Earthmover and industrial tyre prices, including items on back-order, will increase up to 8 per cent on products sold across North America as of June 1, 2008. Passenger and light truck replacement tyre prices will increase by up to 8 per cent for Michelin, BFGoodrich, Uniroyal, private and associate brand tyres sold in the United States. This increase is effective for all shipments scheduled on or after July 1, 2008.