Trelleborg Tyres Announces Global Price Hike Amid Rising Costs

Trelleborg Tyres Announces Global Price Hike in Response to Economic Strain

In response to enduring economic challenges, Trelleborg Tyres is set to implement a global price increase of up to 5% across its diverse product lines from May 2024.

This decision is driven by persistent inflation, rising costs of raw materials, and increased inbound logistics expenses. Trelleborg, a leading producer of specialty tyres for the automotive, agricultural, and industrial sectors, has cited these external economic pressures as the primary reasons for the price adjustments. Industry experts highlight that similar pricing strategies are being observed across the automotive industry, as companies navigate ongoing economic disruptions and supply chain complexities.

Trelleborg Tyres Announces Global Price Hike Amid Rising Costs
April 15, 2024
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