NASHVILLE, Tenn. (June 4, 2001) — In response to escalating raw materials and transportation costs, the U.S. Consumer Tire Group of Bridgestone/Firestone Inc. is raising prices by up to 4 percent on Bridgestone- and Firestone-brand replacement passenger and light truck tires.
Price increases, which will be effective beginning July 1, will vary by product line, BFS said.
Earlier, BFS announced it will hike prices of its Bridgestone- and Firestone-brand medium truck and bus radial tires 4 percent effective July 1. Prices of the company's Dayton-brand medium truck and bus tires will get a 3-percent increase.
Other tire manufacturers recently announcing price increases include Continental Tire North America Inc., Cooper Tire & Rubber Co., Goodyear, Michelin North America Inc. and Pirelli Tire North America.