June 12, 2008

Goodyear Announces Commercial Tire Price Hikes

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AKRON, OH – Goodyear Tire & Rubber Co. is raising prices on some of its commercial tires up to nine percent, effective July 1, according to Modern Tire Dealer magazine. The company's Goodyear, Dunlop, and Kelly brands in North America will be impacted by the increase.

Prices have been raised due to continued increases in raw material, energy, and transportation costs. Goodyear also raised prices on tread rubber for OTR tires up to 12 percent on June 1.

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