The increasing prices of raw materials and other market aspects have forced Michelin to enhance the prices of their tires.
Customers in Africa, India & Middle East regions will have to pay 2% extra on commercial light truck, truck and bus tires. Additionally, the passenger car customers have to pay 2.5% more on the new Michelin Tires. However, the SUV tires will retail on 4% extra.
The new prices will be applicable from the start of the next month. The increase will be observed on all Michelin Group brands.