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Goodyear to Raise Prices By up to 7% in February

Subject: Goodyear to Raise Prices By up to 7% in February
by Klaus on 2008/1/7 12:52:14

Goodyear Tire & Rubber Co., the largest North American tire maker by sales, will raise prices on all car and light-truck tires in North America by as much 7% starting Feb. 1. The move is due to rising costs in areas including raw materials and transportation, a company spokesman said. The increase will include the Goodyear, Kelly and Dunlop brands. Tire makers have been boosting prices over the past two years amid rising oil and rubber costs, along with consumer demand for larger tires to equip sport-utility and luxury vehicles.
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