NASHVILLE, Tenn. — Bridgestone Americas Inc. will increase prices again on consumer and commercial tires sold in the U.S and Canada on Oct. 1.
Bridgestone said "these adjustments are a necessary step as the tire maker continues to navigate current market dynamics."
Prices for Bridgestone-, Firestone- and Fuzion-brand passenger and light truck tires will increase by up to 9% in the U.S. and Canada.
Prices for Bridgestone and Firestone truck and bus radial (TBR) tires increase by up to 9% in the U.S. and up to 15% in Canada.
Bridgestone and Firestone off-the-road tire prices will increase by up to 11% in the U.S. and Canada.
Price adjustments will be made at the pattern and article levels, the company said, adding that all orders, regardless of backorder status, shipped on or after Oct. 1 will reflect the new pricing.
Members of the Bridgestone consumer and commercial tire sales teams are contacting customers directly to provide more detailed information about the changes, the company said.
This is the latest round of price hikes issued this year.
The company raised prices Sept. 1 by up to 10% on select products within its Firestone agricultural tire, track, and bladder portfolios, in both the U.S. and Canada.
It also raised prices July 1 on consumer tires sold in the U.S. and Canada by up to 10% and increased prices May 1 on Bridgestone- and Firestone-brand commercial, OTR and agriculture tires by up to 15% in the U.S and Canada.