Nokian raising prices by 3-6%

Tire Business staff report

Colchester, Vermont -- Nokian Tyres Inc. will raise prices on its passenger tyres in North America by 3 to 6 percent on 11 Jan.

Nokian, the Colchester-based subsidiary of Finland's Nokian Tyres plc, said the increase is due to market conditions and escalating raw material costs.

“Like all other manufacturers we have been impacted by the increases in raw materials, transport, and energy costs,” President Bernie Del Duca said.

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Nokian raising prices by 3-6% from Tire Business (a Crain publication)