• Most Popular
  • Most Shared

Bridgestone to raise tyre prices in Japan

Thu Nov 22, 2007 4:46am EST

Stocks

   

TOKYO, Nov 22 (Reuters) - Top Japanese tyre maker Bridgestone Corp (5108.T) said on Thursday it would raise prices on March 1 for replacement tyres, tubes and flaps in Japan, and for winter tyres on April 1.

Stocks

Natural rubber, synthetic rubber and carbon black prices remain high and rising costs have proven "too large and persistent" to absorb through efforts to increase productivity and improve efficiencies, Bridgestone said in a statement.

Tyre prices for passenger cars and light trucks will rise 5.5 percent, for truck and bus tyres by 7.0 percent and for construction vehicles 10 percent.

French rival Michelin 's (MICP.PA) North American unit on Tuesday also raised its prices on commercial truck tyres, among other products. [ID:nPAC008949] (Reporting by Chang-Ran Kim; Editing by Rodney Joyce)

Stocks


More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    PICTURES
    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    Oddly Enough
    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article 

    Global Markets