Nexen raises winter tyre prices across Europe

Nexen Tire has increased the price of its winter tyres across all the company’s own brands in the replacement market. The new price list for winter tyres will be valid for the whole European market, including the United Kingdom and Turkey.

The price increase takes effect from 1 April 2023 and applies to all goods delivered from that date.

According to the company, the price hike comes “Due to the unfavourable business conditions such as persistently high prices for raw materials like carbon black and oil, as well as high energy costs…”

Nexen also increased tyre prices around this time last year.