GREENVILLE, S.C. — Michelin North America Inc. said it will increase prices in the U.S. and Canada on several commercial products, effective March 1.
The Greenville-based tire maker said it is hiking prices on commercial services; select commercial offers to fleet customers; select material handling products; and select wheels.
The company said the price hikes were "due to changing business dynamics of the North American markets."
The amount of the price change will vary by country, "across specific products and services based on the highly dynamic market conditions in the supported customer industries."
Michelin said dealers and fleet customers will receive additional information, and questions can be addressed to account managers.
Michelin recently raised prices for Michelin- and BFGoodrich-brand passenger and light truck tires in the U.S. by up to 5% on Feb. 1, "due to changing business dynamics of the U.S. market."
Other tire makers who have increased prices in 2021 include:
- Apollo Tyres Ltd., Vredestein brand products in the U.S. and Canada by up to 5%, effective March 1;
- Alliance Tire Americas Inc., "adjusting" warehouse and factory-direct order pricing across all product lines for Alliance-, Galaxy- and Primex-brand products by undisclosed amounts, effective Jan. 1;
- Bridgestone Americas Corp., select Bridgestone and Firestone passenger and light truck replacement tires sold in the U.S. and Canada by an undisclosed amount, effective Jan. 1;
- Continental Tire the Americas L.L.C., select Continental- and General-brand passenger and light truck tires in the U.S., effective March 1; and
- Pirelli Tire North America L.L.C., replacement car and light truck tires by undisclosed amount, effective Jan. 1.