Michelin hikes tire prices

| 5/4/2007

Michelin Tire has joined the growing list of tire manufacturers who are raising prices.

In a press release, the company said commercial truck tire prices on Michelin and BF Goodrich tires will increase by as much as 4 percent beginning June 1.

Other tire companies – including Yokohama and Bridgestone/Firestone – have already announced hikes of between 5 and 7 percent.