Price Increases For Michelin NA Products Announced

These days it comes as no surprise to learn of another price increase linked to rising raw material, energy and transportation costs. The latest to be announced comes from Michelin North America, who is increasing prices on a number of product lines.

US market prices for Michelin, BFGoodrich and Uniroyal passenger and light truck replacement tyres, plus those for private and associate brands, will rise by up to 12 per cent as of September 1. Michelin and BFGoodrich brand commercial truck tyres sold in the US replacement market will increase in price by as much as 8 per cent, also effective September 1. This price increase will also apply to Michelin Retread Technologies retreads, the company adds. On the same date motorcycle, scooter and bicycle tyre and tube prices will increase by up to 15 per cent on Michelin brand products sold in Canada, Mexico and the US. All two-wheel products delivered after August 31 will be invoiced at the new price.