Bridgestone latest to raise tire prices

Bridgestone America’s Tire Operations and Bridgestone Canada Inc. announced they were raising prices on Firestone-brand radial truck and bus tires sold in the U.S. and Canada by nearly 4 percent.

The price adjustment will vary by product line but it includes passenger and light truck tires from both the Bridgestone and Firestone tire brands, Tire Review reported.

The move follows similar increases across the industry, including on Goodyear consumer tires, Firestone Ag and all Cooper tires.

Manufacturers cited rising raw material prices —  including oil used in the production — as a reason for the price increase.

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