Continental Tire North America announces price increase

Continental Tire North America, Inc. (CTNA) announces a price increase of up to 9 percent on all Continental, General Tire and Proprietary Brand passenger and light truck tires in the United States and Canada.  

The price increase will vary by market line and/or tire size, according to the company.

“This price increase is a result of the escalation of transportation, energy and raw material costs,” says Andreas Gerstenberger, EVP, PLT Replacement Marketing & Sales. He adds that the increase is effective as of July 1 for the U.S. market, and as of June 1 for Canada.