NASHVILLE — Bridgestone Americas Inc. has become the latest tire manufacturer to increase prices, announcing a price hike on Bridgestone, Firestone and Fuzion passenger and light truck tires sold in the U.S. and Canada.
The amount of the price hike was not disclosed. It will take effect Jan. 1.
Bridgestone said the new pricing will include adjustments by channel at the article and pattern level. It said that its consumer replacement tire sales team are in the process of contacting customers to provide more details about the changes.
Bridgestone last raised prices on Oct. 1, when it adjusted prices for consumer and commercial tires sold in the U.S and Canada. Then, the tire maker raised prices for Bridgestone-, Firestone- and Fuzion-brand passenger and light truck tires by up to 9% in the U.S. and Canada.
Prices for Bridgestone and Firestone truck and bus radial (TBR) tires increased by up to 9% in the U.S. and up to 15% in Canada.
Several other tire makers have announced price hikes in the new year, including Michelin and Pirelli.
