Posted on March 01, 2022

Michelin Implements Price Increase Across Passenger Brands and Commercial Offers in North American Market

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GREENVILLE, S.C., March 1, 2022 — Michelin North America is announcing price increases across its brands up to 5% on the majority of select passenger and light truck replacement tires, up to 9% on motorcycle tires, up to 8% on on-road (only 19.5 rim diameter and smaller) commercial tires and up to 19% on off-road tires due to market dynamics. Tread rubber and associated supplies will increase up to 6% across all brands and retread networks.

These increases will be effective on orders invoiced starting April 1, 2022, in the United States and Canada.

Passenger and light truck replacement winter tire price increases were communicated Feb. 2, 2022. There is not an additional increase to winter tires.

Price changes may vary across specific products within each brand portfolio. Details will be presented to dealers, end-users and commercial equipment manufacturers by March 15 with additional questions addressed directly through account managers.

Contact

For more information contact:

Megan Bagwell

Email: megan.bagwell@michelin.com

About

About Michelin North America

Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world. Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies and healthcare. The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI-based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide. Headquartered in Greenville, S.C., Michelin North America, Inc. has approximately 23,500 employees and operates 36 production facilities in the United States (michelinman.com) and Canada (michelin.ca).