Price increases for Continental tyres already implemented

Against the backdrop of the half-year results that Continental presented in August, several German media sources reported price increases of three to five per cent for Continental tyres. Although Continental released no statement detailing the increases, it confirms that the new pricing was implemented to better align its tyre prices with the cost of raw materials, which has strongly risen since the fourth quarter of last year, as well as currency developments.

Alexander Bahlmann, head of communications and public relations for Continental’s PLT business, comments that “these increases weren’t the same across the board for all markets, and therefore no specific percentages were mentioned.”