Are Tyre Prices Increasing in 2022?
The supply chain including the car repair centre in Dubai continues to struggle in the wake of the COVID-19 pandemic, and logistics and raw material costs are at historic highs. In addition, inflation causes prices to rise in most businesses. In the tyre industry, manufacturers have repeatedly raised prices in response. So you look for the cheapest tyres and ask yourself, "Will they go up?". Tyre prices this year, 2022? We've done some research for you, and here's some news that might help. Honestly not the best (well, at least for your favourite tyre brands). Since 2020 the entire commercial tyre industry has been through a lot (we're sure you have too), a global pandemic, resource shortages, supply chain issues, that family reunion you might not want to go to, you know it all! Key Takeaways As of July 1, consumer prices for tyres from Goodyear Tyre & Rubber Co. increased to 12%, and in the commercial part, up to 14%. This is their second pri...