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You are here: Home1 / price increase

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Marangoni increasing prices in Europe

Retreading

As of 1 March 2021, the price of the rubber materials that Marangoni Retreading Systems supplies for tyre retreading will increase by 0.20 euros per kilogramme in all European markets. Marangoni says this increase reflects price increases for raw materials used within the sector.

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9th February 2021/by Stephen

50+ Chinese tyremakers increase prices

Company News, International News
E Bouman; Pixabay

During January 2021 more than 50 domestic Chinese tyre businesses announced plans to increase prices. And, according to Robert Ho, marketing officer at Comforser Tire Co. Ltd., we can expect still further prices increases in February and March.

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4th February 2021/by Chris

Bridgestone to increase tyre prices in Europe on 1 March

Company News
Bridgestone Main Logo

Bridgestone will increase tyre prices in Europe on 1 March. Prices will increase by an average of 4 per cent on its truck and bus tyre products and by an average of 5 per cent on its passenger car and van tyre portfolio. The manufacturer said it has chosen to implement price hikes “due to the current market conditions.” Bridgestone added that its EMIA sales team will contact customers to provide more information about the changes.

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3rd February 2021/by Andrew

Shipping costs temporary, price increases less so

International News, UK News
Pexels

The effects of the coronavirus and Brexit have led to an increasingly severe shipping bottleneck. The inevitable result of all of these factors is price increases. Tyres & Accessories spoke with Micheldever Tyre Services (MTS) wholesale director Graham Mitchell in order to find out more about what this means for the tyre retail sector.

Getting right to the point, are prices going to go up in 2021? “Undoubtedly,” was Mitchell’s immediate and definite response, with the wholesale director pointing to the three main factors behind the current and forthcoming price hikes as well as the different variables associated with each: “Containerised cost of product coming out of the far east…that’s not doubled, that’s quadrupled…a significant on-cost not to be underplayed…and then you’ve got a currency element that’s forcing manufacturing costs up as well.” The good news is that wholesale sources are confident that the containerised element is temporary, but the same cannot be said about other factors.

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28th January 2021/by Chris

Nexen Tire Europe raising prices by up to 6.6%

Company News, International News

Nexen Tire Europe has announced plans to raise tyre prices across the board. According to the company, the price hike is due to rising raw material costs “as well as freight and logistics costs”.

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21st January 2021/by Chris

Brexit, Covid and shipping cost increases point to tyre price hikes in 2021

Editorial/Comment, International News, UK News
Lukas: Pexels

After months of mounting pressure on UK ports, the automotive industry is bearing visible signs of strain. Specifically, Honda UK halted production at its Swindon factory in December 2020 because it couldn’t get the right parts in time to continue production. But the ramifications don’t end there. General UK tyre supply is likely to be impacted too. And the result of the Brexit and Covid market pressures as well as shipping cost increases are likely to result in tyre industry price hikes during 2021.

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20th January 2021/by Chris

Michelin raises light truck- and car-tyre prices in North America

Company News

Michelin North America recently announced price increases on selected Michelin and BFGoodrich passenger and light truck tyres.

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13th January 2021/by Chris

Conti announces US tyre price increase

International News

Continental Tire the Americas has announced plans to increase prices on select Continental and General passenger and light truck tyres in the US market.

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13th January 2021/by Chris

Bridgestone increasing car tyre replacement prices in North America

Company News, International News

Bridgestone has announced it will increase prices for selected Bridgestone and Firestone-branded passenger and light truck replacement tyres sold in the US and Canada.

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7th December 2020/by Chris

Pirelli raises car and light truck tyre prices in the USA

Company News, International News

On 2 December 2020 Pirelli announced price increases in the United States for car and light truck tyres, taking effect on 1 January 2021. According to the company, the increases will vary according to the tyre model and size.

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3rd December 2020/by Chris

Falken tyre prices going up in North America

Company News, International News

Sumitomo Rubber North America is set to increase prices the price of Falken and Ohtsu branded passenger, light truck and medium truck tyres in the US and Canada on as well as implementing inline adjustments on a per size basis.

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24th November 2020/by Chris

Bridgestone raising tyre prices 4 per cent

Market Info
Bridgestone

Bridgestone EMIA (Europe Middle East India and Africa) has announced a price increase of up to 4 per cent.

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24th July 2020/by Chris

Tokai Carbon raises carbon black price

International News, Product News

Tokai Carbon has raised prices across all grades of carbon black effective 1 May 2020 by 6 yen a kilogram. According to the company, the price increase is because “Due to the impact of tighter regulations on bunker fuel oil sulphur content by international Marine Organization (IMO), the index used in previous price revisions can no longer be used.

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11th May 2020/by Chris

Pirelli USA raises tyre prices 5%

Company News, International News

Pirelli Tire North America has announced that it will increase prices in the US for car and light truck tyres. The price increase is set to take effect from 6 April 2020.

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16th March 2020/by Chris

Michelin raising tyre prices in USA, Canada

International News

Michelin North America says that prices for selected Michelin and BFGoodrich passenger and light truck tyres will increase by up to five per cent from 1 September. Specific details haven’t been publicly announced – Michelin invites its customers to “discuss details concerning the price increase directly with account managers.”

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5th August 2019/by Stephen
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