Goodyear raising consumer tire prices in US/Canada

Rubber News (subscription required) reports that Goodyear is raising prices on its consumer tires in the U.S. and Canada and commercial tires in the U.S. by up to 6 percent, effective April 1. Goodyear cited escalating raw materials costs for the increases, which affect all Goodyear brands, including Dunlop, Kelly and associate brands.

Goodyear has raised commercial tire prices four times in the last year, most recently in the US on November 1, when prices rose by up to 10%. The last Goodyear consumer tire price hike was Oct. 1, by up to 5 percent.