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You are here: Home1 / price increase

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57% of garages plan price increase due to cost-of-living crisis, rising parts prices

Market Info, UK News

57 per cent of garages are planning on increasing their prices according to a survey conducted by WhoCanFixMyCar. The survey, which was sent to WhoCanFixMyCar’s network of over 15,000 top-rated garages, mobile mechanics and dealerships, asked businesses whether they would be raising their prices soon, and if so, what had influenced that decision.

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  1. Average England and Wales commute lengthened over last decade
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  4. IGA backing Trust My Garage with £1,000 guarantee
23rd May 2022/by Peter Gardner

Trelleborg Wheel Systems raises tyre prices 15%

UK News

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.

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Related news:

  1. Trelleborg Wheel Systems increases prices 3-5% across product range
  2. Trelleborg: production unaffected
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23rd March 2022/by Chris

Yokohama Off-Highway Tires: Higher prices from 1 April

Company News

As a result of continued high raw material prices and “dramatically” rising freight costs in 2022, Yokohama Off-Highway Tires (YOHT) is increasing prices for its products from 1 April 2022. Announcing the upcoming changes, YOHT states that although it has absorbed “the majority of the costs” incurred upstream and during transportation and has thus implemented price increases that are “lower than industry average,” it is “unavoidable to pass a minor portion to its business partners.”

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Related news:

  1. Exploding costs – Yokohama OHT announces price increases
  2. Despite absorbing costs, YOHT announces ‘unavoidable’ price increase
  3. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
  4. Yokohama offers US$2 billion for Trelleborg Wheel Systems as global off-highway tyre segment consolidates
14th February 2022/by Stephen

Falken Tyre Europe to hike continental prices 9% in May

Company News, Product News
Falken

Falken Tyre Europe will increase the prices of its entire product portfolio by nine per cent on 1 May 2022. Falken states the increase reflects global rises in costs for raw materials, energy, and logistics. This price rise does not affect UK Falken customers, where the brand is distributed exclusively by Micheldever Tyre Services. Like Falken, MTS is owned by Sumitomo Rubber Industries. A Falken spokesperson told Tyrepress that MTS would inform its customers of any price rise affecting the UK.

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  4. Handball: Falken sponsoring Euro 2022
21st January 2022/by Andrew

New Year’s price rise for Trelleborg Wheel Systems products

Product News

Prices for Trelleborg Wheel Systems (TWS) products will increase by up to ten percent as of January 2022. Trelleborg says the price rises apply to all TWS brands and products and is a consequence of the escalating energy, logistics and raw materials costs in all markets.

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Related news:

  1. Trelleborg announces 7-10% price increase on agricultural, forestry tyres
  2. Trelleborg Wheel Systems increases prices by up to 4%
  3. Trelleborg Wheel Systems increases tyre prices by up to 8%, rims up 20%
  4. Trelleborg Wheel Systems raising prices
23rd December 2021/by Stephen

Toyo Tire USA raising prices in February

Company News, International News

Toyo Tire U.S.A. Corp. will increase the dealer base prices on passenger car, light truck and commercial truck tyre patterns by up to 10 per cent. According to the company, the price increase is a result of continued increases in raw materials and logistics costs.

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  1. Toyo USA raises tyre prices by up to 8.5%
  2. US price rise for Kumho, Toyo tyres
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  4. Bridgestone increasing car tyre replacement prices in North America
16th December 2021/by Chris

Marangoni increases prices

UK News

Marangoni announced an imminent price increase in mid-November for all products offered across the (Europe, Middle East and Africa (EMEA) region. However, at the beginning of December, the company offered further details. Regarding the specific amount of the upward adjustment “based on the product families and the respective product lines” specifical details are set to be released “in the next few days”.

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Related news:

  1. Marangoni announces Retreading Systems price rise
  2. Marangoni raises OTR retread product prices
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15th December 2021/by Chris

Nexen Tire Europe raises prices

Company News, International News, UK News

Nexen Tire is raising prices across its entire product range, effective 1 February 2022. According to the company, “rising raw material prices as well as freight and logistics costs” are behind the price hike. No details of the percentage increase have yet been released.

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Related news:

  1. Nexen raises prices up to 9%
  2. Nexen Tire Europe raising prices by up to 6.6%
  3. Pirelli raises prices in Europe, North America
  4. Birla Carbon announces EMEA price increase
15th December 2021/by Chris

Price increase: Birla Carbon

Company News, International News

Birla Carbon, one of the leading manufacturers of carbon black, has announced a global price increase for all its Specialty Blacks products. These increases take effect 1 December 2021; all shipments made on or after this date are subject to the price increase.

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Related news:

  1. Birla Carbon announces EMEA price increase
  2. Birla increasing carbon black prices
  3. Birla Carbon North America increases prices
  4. Birla Carbon Americas raises prices
10th November 2021/by Stephen

Trelleborg Wheel Systems raising prices

Company News

Trelleborg Wheel Systems has announced price increases up to five per cent on all brands and segments. The increase will take effect in November and the company stresses that this is the last price rise for the current year. The tyre maker says it is adjusting prices in light of “continuous increases along the entire value chain in all markets.”

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Related news:

  1. Trelleborg announces 7-10% price increase on agricultural, forestry tyres
  2. Trelleborg Wheel Systems increases prices by up to 4%
  3. Trelleborg Wheel Systems increases tyre prices by up to 8%, rims up 20%
  4. Trelleborg to make first 2015 European Road Show stop in Parma, Italy
26th October 2021/by Stephen

Chinese government power rationing halves tyre production of some local tyremakers

Company News, International News
Pixabay

As if the Covid-related troubles combined with complex shipping challenges and rising raw material costs weren’t enough, Chinese government policy is now adding to the pressure on tyre manufacturers making tyres for export from the People’s Republic. Specifically, the Chinese central government environmental policy has led to power rationing across the country since mid-September, which has had a marked impact on manufacturing business including the tyre industry. Indeed, more than 20 tyre manufacturers have experienced power-rationing-related temporary shutdowns and/or have implemented price increases because of these product headwinds. And these are having a marked impact on tyre production.

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21st October 2021/by Chris

Despite absorbing costs, YOHT announces ‘unavoidable’ price increase

Company News

For the fourth time this year, Yokohama Off-Highway Tires (YOHT) is increasing prices for its products. In announcing the new pricing that will be applied from 1 December, YOHT stresses it has sought to keep the increases in 2021 “lower than the industry average” by itself absorbing “the major part” of the “dramatically rising cost for raw materials and freight” rather than pass these additional costs on to customers.

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Related news:

  1. Exploding costs – Yokohama OHT announces price increases
  2. Trelleborg Wheel Systems increases prices 3-5% across product range
  3. Yokohama’s Prometeon bid: Delayed by Covid, but nearing completion
  4. New Alliance agri tyre sizes
14th October 2021/by Stephen

DuPont Mobility & Materials increasing prices from 1 October 2021

Company News, International News

Chemical and material manufacturer DuPont Mobility & Materials, which supplies tyremakers around the world, has announced sweeping prices increases globally. The price increases take effect from 1 October 2021 “or as soon as contracts allow”.

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Related news:

  1. DuPont increases Zytel prices globally
  2. DuPont increases Zytel and Crastin prices
  3. Re-globalisation of the international tyre market?
  4. Toyo USA raises tyre prices by up to 8.5%
1st September 2021/by Chris

Mitas raises prices across all segments

Company News, International News

Mitas has announced price increases up to 5 per cent across all its tyre product segments. According to the company, this third price increase is driven by “escalating logistics and raw materials costs in all markets”. The latest price increase takes effect from September 2021 onwards.

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Related news:

  1. Trelleborg raises agricultural and forestry tyres
  2. Toyo USA raises tyre prices by up to 8.5%
  3. 5% price increase for Mitas agricultural tyres
  4. Nexen Tire Europe raising prices by up to 6.6%
9th August 2021/by Chris

Michelin announces North America price increases

International News

The price of certain aftermarket Michelin, BFGoodrich and Uniroyal passenger and light truck tyres will rise by up to eight per cent in the USA and Canada from 1 September. Prices for on- and off-road commercial tyres will increase by as much as 14 per cent, while prices for motorcycle tyres will be up to four per cent higher from the start of next month.

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Related news:

  1. Michelin increasing prices in North America
  2. North American launch for Agilis CrossClimate
  3. Michelin raising tyre prices in USA, Canada
  4. US tyre makers urge climate change action
3rd August 2021/by Stephen
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