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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, the leading mobility company, is working with tires, around tires and beyond tires to enable Motion for Life. Dedicated to enhancing its clients’ mobility and sustainability, Michelin designs and distributes the most suitable tires, services and solutions for its customers’ needs. Michelin provides digital services, maps and guides to help enrich trips and travels and make them unique experiences. Bringing its expertise to new markets, the company is investing in high-technology materials, 3D printing and hydrogen, to serve a wide variety of industries — from aerospace to biotech. Headquartered in Greenville, South Carolina, Michelin North America has approximately 22,500 employees and operates 34 production facilities in the United States and Canada. (michelinman.com