Michelin North America has announced price increases up to 5 percent on select Michelin and BFGoodrich commercial offers to fleet customers in addition to certain passenger and light truck tires.
The company says the price hike is due to the changing business dynamics of the U.S. market.
This increase will be effective Feb. 1, 2021. Price changes may vary across specific products within each brand portfolio. Details will be presented directly to dealers and fleet customers with additional questions addressed directly through account managers, Michelin says.