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You are here: Home1 / price increase

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Sumitomo/Falken adjusts prices across Europe

Product News
Falken Tyre Europe

Falken Tyre Europe GmbH has announced that it will “structurally adjust” prices across its entire brand and product portfolio.

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Related news:

  1. Falken Tyre Europe to hike continental prices 9% in May
  2. Falken tyre prices going up in North America
  3. Tomohiko Masuta appointed managing director of Falken, Sumitomo Rubber Europe
  4. Falken Tyre Europe appoints Feldmann COO
16th March 2023/0 Comments/by Chris

Nexen raises winter tyre prices across Europe

International News, Product News, UK News

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.

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Related news:

  1. Nexen Tire Europe raises prices
  2. Nexen “Providing Safety, Stable Driving All Around Europe”
  3. Price rise for Nexen tyres in Europe
  4. Nexen Tire Europe raising prices by up to 6.6%
16th March 2023/0 Comments/by Chris

Pirelli raises car and light-truck tyre prices in US

International News

In the United States, Pirelli has announced a price increase relating to car and light truck tyres. Effective 15 January 2023, the company will increase prices by 10 per cent, varying by line and tyre size.

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Related news:

  1. Sailun raising prices in North America
  2. Pirelli USA raises tyre prices 5%
  3. Pirelli announces USA price rise
  4. Michelin raises light truck- and car-tyre prices in North America
2nd December 2022/by Chris

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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Related news:

  1. Average England and Wales commute lengthened over last decade
  2. Four Bosch centres join EDT network
  3. £1 million investment in BookMyGarage.com
  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
  3. Trelleborg bringing innovations to The Tire Cologne
  4. Trelleborg reorganisation brings greater prominence to tyres
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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  1. Falken Tyre becomes Liverpool FC partner
  2. Falken presenting partner to this year’s Audi Nines
  3. Football: Falken signs up as Borussia Mönchengladbach sponsor
  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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Related news:

  1. Toyo USA raises tyre prices by up to 8.5%
  2. US price rise for Kumho, Toyo tyres
  3. Toyo Tire expanding R&D capabilities at US plant site
  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
  3. Marangoni increasing prices in Europe
  4. Marangoni USA increasing tread production
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.”

Read more

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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Related news:

  1. Re-globalisation of the international tyre market?
  2. Tariff time again, but will they make a difference?
  3. CITExpo 2017 opens in Shanghai
  4. Michelin accused of Indonesia natural rubber deforestation “cover-up”
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.

Read more

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
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