Michelin to raise Japan tyre prices in Feb 2006

Newswire

TOKYO, Nov 30 (Reuters) - French tyre maker Michelin said on Wednesday it would increase its tyre prices in Japan from Feb. 1 to offset rising raw material prices, following a similar announcement a day earlier in North America. Prices of tyres for passenger cars and light trucks will rise an average 5 percent on the Michelin and BF Goodrich brands, while those for trucks and buses will increase 7 percent, it said in a statement. Michelin does not provide sales or market share data on ...

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