Marangoni Industrial Tyres announces mid-May price hike
Marangoni Industrial Tyres has announced an eight per cent increase in the selling price of its tyres from 15 May. Marangoni said the price rises will be applied to markets invoiced in euros. Lorenzo Stringari, Marangoni Industrial Tyres sales director, stated: “So far, we have managed to reduce the negative impact of the US dollar/euro exchange rate, keeping down costs and thus avoiding extra costs for our customers.