Michelin hikes tire prices

| Friday, May 04, 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.

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