Michelin Implements Price Increase Across Passenger Brands and Commercial Offers in North American Market
LAVAL, QC, Aug. 2, 2021 /CNW/ - Michelin North America, Inc., has announced price increases up to 8% on select MICHELIN®, BFGOODRICH® and UNIROYAL® passenger and light truck replacement tires, up to 4% on motorcycle tires, and up to 14% on both on- and off-road commercial tire offers due to market dynamics. These increases will be effective Sept. 1 in the United States and Canada. These updated prices will come into effect for orders invoiced starting on Sept. 1, 2021.
Price changes may vary across specific products within each brand portfolio. Details will be presented to dealers, fleets, end-users and commercial equipment manufacturers by Aug. 16 with additional questions addressed directly through account managers.
About Michelin North America
Michelin, the leading mobility company, is dedicated to enhancing its customers' mobility, and sustainably; designing and distributing the most innovative tires, services and solutions for its customers' needs; providing digital services, maps and guides to help enrich trips and travels and make them unique experiences; and developing high-technology materials that serve a variety of industries. Headquartered in Greenville, South Carolina, Michelin North America has approximately 23,000 employees and operates 34 production facilities in North America, which includes 4,000 people in its three plants in Nova Scotia, its office based in Laval, Quebec, and its Canadian subsidiaries. (www.michelin.ca et www.michelintruck.com)
SOURCE Michelin North America (Canada) Inc.