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Nov 1, 2008

Tire prices increase, "induced" spare parts prices

May 7, Michelin (China) Investment Co., Ltd. announced that, due to increased prices of raw materials, China will increase the Michelin car and light truck replacement tire prices. Michelin China's three brands: Michelin, Warrior, BF, according to different product specifications, prices rose in the 3-7 percent between. The price increases will be introduced in June.

Two tire companies collective price

This is not the first Michelin tire announce prices of tire manufacturers. Hankook Tire has already said that starting from February, the Chinese tire market, sold a small price increase by about 5-8 percent; in March, announced that Bridgestone brand to adjust the car's tires and tires card The price increases ranging from 3-5 percent; At the same time, the production license Ma tire group Continental announced in the first quarter of this year on tire product price increases. Goodyear related to the same person in charge confirmed to reporters that the company in April this year has been driven by market changes, increase the prices of some products.

Distance in May last year, some of the foreign brand tire announce price increases less than a year, well-known foreign brand tires again for the second time that the collective price. The price increases twice a year, also appears to be some tire manufacturers have no alternative.

Goodyear's marketing head, said Zhang Dan quarter, the company has been to control costs, but "the year of raw materials brought up the cost of raw materials tires, tire manufacturers and the cost of the tire transport costs."

At the international level, rubber prices climbed slightly in recent years, an average 2007 price in 2006 increased by 10%. Rubber tires accounted for 60% of the cost of -70%, while rubber, carbon black, and other raw material prices, high crude oil prices, resulting in tire production costs continue to pressure. In addition, from July 1, 2007, the export tax rebate tires from 13% to 5%, resulting in the export of domestic enterprises tire prices increased by 5%.

Vehicle sales not yet affected

The industry believes that, although the price for the vehicle tire prices will not have much effect in the automotive after-sales service market, consumers will obviously feel the impact of price increases.

Reporters interviewed some of the Beijing tire dealers, most of them said tire prices have not addressed the impact of the sales, as most owners because prices will not stop the use of cars.

It is understood that a qualified tire of using the normal limits should be 80,000 -10 10,000 km, or even longer, tread patterns folder, there is a pattern as a warning, a warning when the wear patterns on the exchange after birth. In the interview, many owners have tire problems although prices are still expressed dissatisfaction with the understanding. In particular, some of the prospective owner to buy a car ready to say that the news of tire prices to buy their own decision-making would be affected.

Prices of spare parts up in secret

By the impact of rising raw materials is not only a tire prices, including oil in the near future, three filter, used car batteries, and other parts of the price increase has been in secret, have a direct bearing on the cost of car owners day-to-day. Auto City in the city and some of the gas station, reporters saw most of the imports of oil prices in the range of 15% -20%. Shell, Castrol, and other retail oil prices increased by an average of 40 yuan per month -60, a wholesale price of 396 yuan Castrol oil prices after close to 450.

In addition, the vehicle including antifreeze barrel price increase of 20% -30%, brake up about 10%, about the price of 20 yuan filter now sell for 25 yuan. In the auto market, the price also includes the hood, the appearance of things, such as wearing parts, a former sold about 300 yuan car hood, and now has risen to more than 400 yuan.

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