Tire Prices Set to Rise
It’s been announced that both Goodyear and Bridgestone/Firestone will significantly increase prices across their tire lines.
Starting on May 1, Goodyear will increase pricing by an average of 6%. Bridgestone/Firestone prices are expected to grow by up to 10%, which began on April 1. These price surges are the direct result of an increase in the cost of natural rubber, which has doubled in the past 12 months. These are the first increases we have seen in tire prices in almost 3 years.