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Continental raises prices in North America

Published Monday, May 19, 2008

Continental Tire North America, Inc. (CTNA) has announced it will increase prices up to 8% on all Continental and General Tire brand original equipment truck tires in North America. The price increases are effective as of August 1, 2008 and will vary by market line and/or tire size, the company said. “This price increase is a result of the continued escalation of transportation, energy and raw material costs that we are unable to compensate with increased manufacturing efficiencies,” said Tom Fanning, director of original equipment truck tires for the Americas. Continental is not the first tiremaker to increase ...

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