Growth strategies

Michelin announces price increase

Michelin North America will increase U.S. national account prices up to 8 percent for all commercial brands, products and services, effective Dec. 1, 2018, the company announced Friday.

Separately, effective Jan. 1, 2019, Michelin North America’s passenger-tire business will increase prices up to 5 percent for passenger and light-truck tires under the Michelin, BFGoodrich and Uniroyal brands, as well as Michelin tires in the two-wheel segment, sold in the United States and Canada.

Michelin says the increases address ongoing investments to better serve customers, increased operating costs and other market factors. Michelin’s account management teams will convey additional details about the changes directly to customers.

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