Michelin makes price increase

Michelin North America is announcing price increases across its brands up to 5 percent on the majority of select passenger and light truck replacement tires, up to 9 percent on motorcycle tires, up to 8 percent on on-road (only 19.5 rim diameter and smaller) commercial tires and up to 19 percent on off-road tires due to market dynamics. Tread rubber and associated supplies will increase up to 6 percent across all brands and retread networks.

These increases will be effective on orders invoiced starting April 1, 2022, in the United States and Canada. 

Michelin says passenger and light truck replacement winter tire price increases were communicated Feb. 2, 2022. There is not an additional increase to winter tires. 

Additionally, Michelin says price changes may vary across specific products within each brand portfolio. Details will be presented to dealers, end-users and commercial equipment manufacturers by March 15 with additional questions addressed directly through account managers.

Learn how to move your used trucks faster
With unsold used inventory depreciating at a rate of more than 2% monthly, efficient inventory turnover is a must for dealers. Download this eBook to access proven strategies for selling used trucks faster.
Download
Used Truck Guide Cover