Drivers waiting for another price increase

At the time, queues on the tire and the surge of orders for tires is almost here. Motorists will traditionally to change winter tires to summer. For many will be the issue of buying a new set of tires. However, it is worth noting that all of them are waiting for an unpleasant surprise, reports Autonews.

So, the German company Continental, Italian Pirelli, Goodyear, American and South Korean Hankook has announced price increases on its tires. Thus, according to experts, the price rise will affect the entire tire industry. And it concerns all types of tires: summer and winter, cars and trucks.

“We expect the burden of additional costs for the current 2017 in the amount of 500 million euros, said the representative of the company Continental, is already in the last quarter of 2016 the price of natural and synthetic rubber has increased markedly”.

Tyres of Hankook by April, will cost 4-5% more expensive, the production Pirelli to 9%, Goodbyear already raised prices by 8%.