AKRON, OHIO – Goodyear Tire & Rubber Co. will raise prices on all of its consumer tires up to 4 percent and its OTR tires up to 5 percent Apr. 1, according to Modern Tire Dealer magazine. Price hikes will cover all brands, according to a Goodyear spokesperson. Goodyear has already sent a letter to its dealers alerting them to the increases. The price increases were necessary due to increased costs in raw materials and transportation, according to Goodyear.

Originally posted on Fleet Financials