Carlstar raises styled wheel prices

The Carlstar Group intends to globally increase prices on its styled wheel products up to 8 per cent effective on or before 1 February 2018.

The increases will impact all wheel products that are sold globally under the Cragar, Black Rock and Unique brands. The increase will also impact steel wheel components. The Carlstar Group cited significant volatility in the prices of steel and aluminium materials due to supply constraints as the primary reason for the increase.