World — 01 March 2011
Michelin increases tire prices in Africa, India and the Middle East

Michelin increases tire prices in Africa, India and the Middle East.

In the face of continued and accelerating escalation of raw material costs, Michelin Africa, India and Middle-East (AIM) is maintaining its firm and responsive pricing policy.

Prices of all product ranges will be increased in Africa, India and Middle-East as follows:

  • All motorcycle and scooter tyres will increase by up to 8 percent
  • All truck tyres, accessories, tubes and flaps and treads will increase by up to 12 percent
  • All passenger car tyres will increase by up to 8 percent
  • All agricultural tyres, backhoe and skid-steer tyres will increase by up to 7.5 percent
  • All earthmover, TP and industrial tyres as well as accessories will increase by an average of 6 percent

The price increases reflect the raw material escalations only up to January this year, and will take effect on April 1, 2011. (However, Saudi Arabia will see the new prices on March 1, for logistical reasons.)

Dedicated to the improvement of sustainable mobility, Michelin designs, manufactures and sells tires for every type of vehicle, including airplanes, automobiles, bicycles, earthmovers, farm equipment, heavy-duty trucks, motorcycles and the US space shuttle.

Michelin employs 109,000 people in more than 170 countries and operates 72 production sites in 19 countries throughout five continents. The company also publishes travel guides, hotel and restaurant guides, maps and road atlases and offers electronic mobility support services, on ViaMichelin.com.

Michelin AIM (Africa, India, Middle East) is headquartered in Dubai, UAE, with a mission to support the company’s commercial growth ambitions in this very diverse region.

Web site: http://www.michelin.com

Image by sacula225 via Flickr.

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Sean excelled in English through high school, so it was only natural he should edit the school newspaper in his final year. He would write up sports results for his local newspaper. Now he writes news stories for Oh-Yay.com

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