AKRON — Goodyear is raising the price of all passenger tires in North America for the second time in 2021.
The Akron-based tire maker said it will raise prices by up to 8% on all Goodyear, Dunlop and Kelly consumer tires, effective June 1, 2021. Goodyear initiated a similar increase on April 1.
The tire maker said the latest price hike is "in response to changing market dynamics in the industry," noting the value of Goodyear brands.
On Dec. 1, Goodyear raised prices on Goodyear- and Dunlop-branded passenger and light truck tires in the U.S. by up to 5%.