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Oct 29, 2008

Tire market prices across the board will be put on

The world's leading tire maker announced that due to raw materials, energy and transportation costs rise, tire prices across the board on to mention that price increases of 4% to 8%.

The company announced price increases, including Goodyear, the tire mainland companies in North America, Kumho Tire Company of the United States, South Korea American tire company Pirelli Tire North America Inc., Yokohama Tire Company, Michelin North America Inc., Toyo Tire Company of the United States, the United companies and Dan Man, and other tire companies.

Goodyear since June 1, and to take effect on the light truck tire prices 5% of the principal brands for Goodyear, Kelly, Dunlop, Republic and so on; from June 15 onwards for Goodyear,, Dunlop, Kelly, and other heavy-duty commercial brand 6% price increase child. From the mainland since June 1 on the Continental, General and Semperit brand heavy-duty commercial vehicle tires and all kinds of fetal price of 2% to 4%, at the same time increase the passenger and light truck tire prices, the rate has not announced specific. Kumho announced on June 1 from the beginning of the passenger tire, truck tires and light truck tires overall increase of 8%, as a result of a specific range of tire specifications subject to change. South Korean tire company and Toyo tires were to increase by 6% and 8%, from the execution time since June 1. South Korean tire including price increases announced by the use of all births, high-performance tires, light truck tires and medium-sized truck tires. Japanese companies that include prices for all products. Yokohama tires from June 1 from the export of tire prices by 7%, mainly Yokohama, Mohawk brands. Leiden rich tire maker announced earlier on June 1 from the beginning of trucks, passenger cars and commercial light truck tire prices 5% to 6%. Pirelli from June 1 to the effect by using tires and light truck tire prices by 5%. Michelin recently announced that with effect from July and replace the original birth increase 8% of all births. Tire companies have combined their tire prices 5%, part of the tire specifications in prices in April have been. Damman tire company from July 1 raised its prices by 7% in North America, including the catalog price of all the specifications.

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