Trelleborg Wheel Systems raises tyre prices 15%
Trelleborg Wheel Systems will increase the price of all its brands across all segments globally by up to 15 per cent. The sharp price hike takes effect from April 2022.
“This price increase is a result of the current market fluctuations and the sharp rise in the cost of raw materials, energy and logistics” Trelleborg Wheel Systems wrote in a statement published 23 March 2022.
According to the company, increases will vary by region to reflect the local market conditions. As a result, specific details relating the increase will be communicated directly to customers by company representatives in each market.
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