Battery and Chip Costs Soar, and Now, Tire Prices Follow Suit: Over 70 Tire Companies Unveil Price Hike Notices
2 hour ago / Read about 0 minute
Author:小编   

The automotive industry's 'wave of price surges' has now rippled through to the upstream supply chain. Since mid-April of this year, the domestic tire sector has experienced its second round of price hikes within the same year. By April 20, more than 70 tire companies had released 'price hike notices,' encompassing both international behemoths and local brands, as well as a range of products from passenger car tires to all-steel heavy-duty tires. Such frequent and extensive price adjustments are a rarity in recent memory.