Bridgestone tires to increase prices by 3% Goodyear also needs to adjust prices by 3%-5%

On December 12, 2016, Bridgestone (China) Investment Co., Ltd. announced the price increase notification for all-steel tire products.

It is reported that the LT series, TT series, and TL series products (including imports) of Bridgestone and Fengchi are rising by 3%.

Bridgestone's price adjustment will be implemented from January 1, 2017.

Bridgestone Price Adjustment Notice Bridgestone Price Adjustment Notice

According to the company, the remittances arrived before December 28th, 2016, and due to inventory or logistic reasons, orders that could not be shipped out of the warehouse could not be arranged. After January 1, shipments were still made at the price before the price increase.

The reasons for the increase in prices are still raw material prices.

On December 8, 2016, Dalian Goodyear Tire announced price increase notification, and the price of all-steel tire products rose by 3%-5%.

Goodyear Tire Price Adjustment Notice Goodyear Tire Price Adjustment Notice

The new price execution start date is January 1, 2017.

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