Bridgestone Americas Tire Operations (BATO) today announced price increases ranging up to 8% in the U.S. across several of its tire application groupings, including tires for trucks and buses as well as agricultural and off-road equipment.
As of today, said a BATO news release: “Firestone and associate brand passenger, light-truck, medium-truck, bus, agricultural and off-road tire prices will increase up to 8%.”
“We continue to face a number of market pressures, including increased costs for energy, transportation and raw materials, resulting in the need for this price increase,” said BATO chairman, CEO & president Eduardo Minardi.
“While we are always working to balance costs and deliver a premium package of value to our customers, we have reached a point where we must respond,” he added.
The news release issued by BATO gave no details on which tires will increase by what percentage.