Michelin to hike tyre prices by up to 8% in India

The company will hike prices in the Africa, India and Middle East region by up to 6 per cent on passenger car tyres, light truck and motorcycle replacement tyres as well as up to 8 per cent on both on-and off-road commercial vehicle tyres due to rise in raw material cost, global transportation cost and prevailing market dynamics, the tyre maker said in a statement.

from Moneycontrol Business News https://ift.tt/3pvhLsp