Michelin announces price hike

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The price hike will be effective from June 18, 2020 in India.

Michelin has announced a price hike and will increase its tyre prices by up to 6 percent on passenger car, light truck and motorcycle replacement tyres as well as up to 8% on both on and off-road commercial tyres in Africa, India and Middle East region due to increase of raw material cost, global transportation cost and prevailing market dynamics.

This increase is effective 18th June for India and 1st July for Middle East region and is applicable to all MICHELIN Group brands.

Price changes may vary across specific products within each brand portfolio. Details will be presented to dealers, fleets, end-users and commercial equipment manufacturers by June 1st week.