Due to the rising prices of raw materials, Mitas (formerly CGS Tires US) has announced a price increase of all of its products. The increase will average 10%, and it will vary among products and markets. This round of price adjustments was already implemented for example in the United States, Eastern Europe and Russia in April; and it will be rolled out in the rest of Mitas’s markets, e.g. in Western Europe, in May. Tires made by Mitas are available in 95 countries and territories.
This price increase is in line with the increase of raw material prices.