Multiple Tire Makers Announce Price Hikes for Passenger Tires Starting May

Since mid-April, the tire industry has initiated its second round of price hikes this year. On April 14, Bridgestone announced it would raise procurement prices for passenger car tires by 3% to 5%, effective May 1, 2026. The following day, three major Chinese tire manufacturers—Zhongce Rubber, Sailun Tires, and Wanli Tires—also issued notices announcing price adjustments.