Prices of Michelin Tires Increased from 2% to 4%
The new prices will be applicable from the start of the next month.
The increasing prices of raw materials and other market aspects have forced Michelin to enhance the prices of their tires.
Customers in Africa, India & Middle East regions will have to pay 2% extra on commercial light truck, truck and bus tires. Additionally, the passenger car customers have to pay 2.5% more on the new Michelin Tires. However, the SUV tires will retail on 4% extra.
The new prices will be applicable from the start of the next month. The increase will be observed on all Michelin Group brands.