Continental Tire announces price increases of up to 9 percent

Continental Tire North America, Inc. has announced pricing increases of up to 9 percent on all Continental, General Tire and proprietary brand passenger and light truck tires in the United States and Canada. The precise price raises will vary by market line and/or tire size.

“This price increase is a result of the escalation of transportation, energy and raw material costs,” says Andreas Gerstenberger, executive vice president of PLT replacement marketing and sales. The increase is effective as of July 1, for the U.S. market and June 1 for Canada.

The company previously enacted an average 7 percent price increase that took effect in April.

For more information, visit www.conti-online.com.