FORT MILL, S.C. (Nov. 30, 2010) — Continental Tire the Americas is raising prices on its replacement Continental-, General- and AmeriSteel-brand truck tires in the U.S. up to 8 percent on Jan. 1.
Conti said it's raising prices because of rising raw materials and energy costs. The Fort Mill-based tire maker did not at this time adjust prices for products in Canada.
The latest change is in addition to an increase of up to 6.5 percent in the U.S. on all Continental, General and proprietary brand passenger and light truck tires, also effective Jan. 1.
This is Conti's third price increase on truck tires in the U.S. in less than a year. It hiked prices on them on June 1, by up to 7 percent, and on Feb. 1, by up to 8 percent.