Bridgestone to raise prices on TBR tires, Bandag products
NASHVILLE, Tenn. — Bridgestone Americas is raising national account, national fleet and national fleet preferred-account prices on all Bridgestone and Firestone truck and bus tires and Bandag retreads sold in the U.S. and Canada, effective Nov. 9.
Bridgestone said the price adjustment by its Bridgestone Americas Tire Operations (BATO) L.L.C. and Bridgestone Canada Inc. units varies by product line and service, but did not disclose any percentage range.
Bridgestone said its sales and account teams are communicating specific details to each customer. The tire maker said the price increase is in response to increased business costs and other market dynamics.
This is the fourth Bridgestone price adjustment announced in the past several weeks.
On Sept. 24 BATO raised prices 10 percent on Dayton-brand truck and bus tires sold in the U.S. and Canada, and on Oct. 1 it increased prices on replacement passenger and light truck tires sold in the U.S.by 3.5 percent and up to 4 percent on “select” Firestone-brand agriculture tires sold in the U.S. and Canada.
Cooper Tire & Rubber Co. (up to 4 percent on all Cooper-produced passenger and light truck tire brands) and Kumho Tire USA Inc. (up to 6 percent on its passenger, light truck and medium truck tires sold in the U.S.) also increased prices Oct. 1.
Other tire makers that announced price increases effective Nov. 1 include:
- Giti Tire USA (5 percent on passenger, light truck, SUV and CUV tires, and up to 10 percent on all truck/bus tires);
- Alliance Tire Americas Inc. (4 percent across all product lines for the Alliance, Galaxy and Primex brands); and
- Nexen Tire Americas Inc. (as much as 6 percent on all passenger and light truck tires sold in the U.S.).