Continental to raise prices for passenger, light truck tires

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Continental to raise prices for passenger, light truck tires

FORT MILL, S.C.— Tire the Americas L.L.C. plans to raise prices on - and General-branded passenger and light truck tires sold in the U.S. market, effective Jan. 7.

While Conti did not specify a percentage increase, it said the increase will vary across marketing lines and tire sizes. The tire maker said specific line-item details will be communicated to direct customers by Dec. 7.

The price adjustment, Conti said, is in response to the continued escalation of , energy, and logistics costs associated with the production and distribution of these products.

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This marks the first U.S. price increase for tire maker since May 2017, when it boosted prices for Continental- and General-branded passenger and light truck tires by up to 7 percent. It also raised prices in March 2017, in the U.S. and Canada on Continental-, General-, and AmeriSteel-brand truck tires by up to 8 percent.

Conti is the 10th tire company to announce price increases in recent weeks. Others are:

  • Alliance Tire Americas Inc. — up to 4 percent across all product lines for the Alliance, Galaxy and Primex brands;
  • Americas — national account, national fleet and national fleet preferred-account prices on all and Firestone TBR tires and Bandag retreads sold in the U.S. and Canada, effective Nov. 9 and varying by product line. also raised prices Oct. 1 on all passenger and light truck tires by up to 3.5 percent, varying by product line and 10 percent on Sept. 24 on Dayton-brand TBR tires sold in the U.S. and Canada;
  • Cooper Tire & Rubber Co. — up to 4 percent on all Cooper-produced passenger and light truck tire brands, effective Oct. 1;
  • Giti Tire USA — up to 5 percent on passenger, light truck, SUV and tires and up to 10 percent on TBR tires;
  • Goodyear — all of its brands of commercial tires and retreads in the U.S., most up to 4 percent, effective Dec. 1;
  • Kumho Tire USA Inc. — up to 6 percent on passenger, light truck and medium truck tires sold in the U.S., effective Oct. 1.
  • Inc. — commercial products and services in the U.S. by up to 8 percent on Dec. 1, and up to 5 percent on Michelin, BFGoodrich and Uniroyal brands’ passenger and light-truck tires in the U.S. and Canada — as well as Michelin-brand two-wheeler tires — on Jan. 1.
  • Nexen Tire America Inc., up to 6 percent on all passenger and light truck tires sold in the U.S.; and
  • Toyo Tire U.S.A. Corp.— by and undisclosed amount on select passenger and light truck tires and by up to 2 percent on most commercial truck tires, effective Jan. 1.

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