Due to rising raw material costs, Federal Tires is announcing an average price increase of 6% by tire sizes and categories. The increase will come into effect starting from November 1st, 2018.
Since last year, prices of main materials used in tires have continued to rise. Federal Tires has been working on absorbing impacts of rising tire material prices. However, it was determined that it would be difficult to absorb the impacts through the company’s efforts alone, leading us to make the decision to raise tire price so that all increases will bring profitability to our dealers and retailers.
Once again, Federal Tires would like to thank all our loyal supporters through the years and wish we can together have a prosperous future. For more information on product price increases, please contact our sales team directly.