Pirelli to raise prices 3-5% in several markets

MILAN, Italy (Oct. 27, 2004) — Pirelli S.p.A. said it will raise tire prices in its Asia-Pacific, NAFTA and Middle East markets between 3-5 percent in December.

Pirelli said the increase is the result of rising raw materials and utility prices.

The price hikes will cover car, motorcycle and heavy truck tires, and they will involve all brands and products, the tire maker said.

Letter
to the
Editor

Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

SIGN UP FOR NEWSLETTERS