Double Coin raising tire prices

Double Coin & China Manufacturers Alliance, LLC (CMA) plans to raise prices an average of 13% for the various truck and bus tires produced under the Double Coin brand name.

“Rising energy prices effecting raw materials and transportation costs continue to adversely inflict pricing pressures on tire makers and marketers,” said Aaron Murphy, CMA’s vp. “Due to these factors, we are initiating a general price increase, with some in-line changes.”

The 13% average price increase applies to Double Coin truck and bus radial tires, all private brand truck and bus radial products, plus its off-road radial products.