Bridgestone Sets 12% Increase in Truck Tire Prices

Bridgestone Bandag Tire Solutions said it is boosting prices of its Bridgestone and Firestone brand truck and bus radial tires by 12%, effective immediately.

The company, a division of Bridgestone Americas Tire Operations, said that “unavoidable” increases were due to “severely escalating raw material costs, as well as energy and other costs related to manufacturing.”

The move follows tire-price increases set by Yokohama Tire Corp., Goodyear Tire and Rubber Co. and other tire makers last year.