Tyre prices may increase due to rising material costs

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Pirelli TyreWe could soon be paying more for our tyres, or at the very least Pirelli tyres, according to its CEO Francesco Gori.

He says price increases should not be unexpected sometime in the second half of this year, thanks to Pirelli having to compensate for rising raw material costs. Despite improving its internal efficiency to cut costs, apparently raw materials have increased so much in price that a price increase is inevitable if the cost of raw materials continue to rise.

If Pirelli is indeed facing this problem, expect all the other tyre manufacturers to have the same thing on their minds as well, and in the end it is the consumers whose wallets burn when its time for a change of tyres. Let’s prepare to ubah gaya hidup!

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About the Author

After dabbling for years in the IT industry, Paul Tan initially began this site as a general blog covering various topics of personal interest. With an increasing number of readers paying rapt attention to the motoring stories, one thing led to another and the rest, as they say, is history. An avid electronic gadget aficionado as well as big-time coffee lover, he's also the executive producer of the Driven motoring TV programme.

Comments

  1. azrai says:

    It’s already went up a year ago Mr. Paul. High input cost. maybe it will slow down after this due to low demand from China who try to stand back after the earthquake.

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  2. 4G63T DSM says:

    Thats curtians for track days. Right now its already expensive enough to have one set of tyres last about 1-2 track days. Have to start looking for sponsors.

    Fuel is going up, tyre prices are going up….

    Reply Thumb up 0 Thumb down 0
  3. normaluser says:

    If the increase around 2-5%, its a bit okay. But its a big no-no if its >10% increase.

    Reply Thumb up 0 Thumb down 0
  4. cyrixMX says:

    I went to Eneos Kepong last weekend and found out most brands had already increased some 10% on top of the normal price :(

    Reply Thumb up 0 Thumb down 0
  5. 90125 says:

    simple solution,use back the old kancils….

    Reply Thumb up 0 Thumb down 0
  6. jolly_idiot says:

    How about re-tread? Many lorries are doing this and this is why we saw so many tyre skin on our road.

    Reply Thumb up 0 Thumb down 0
  7. mystvearn says:

    I can see 100 years time, where drifting is an extinct sport cause too expansive to produce tyres

    Reply Thumb up 0 Thumb down 0
  8. Roti Naan says:

    drive slow-slow, brake slow-slow, corner slow-slow….hopefully tyre wear can be slow-slow oso.

    Reply Thumb up 0 Thumb down 0
  9. bobdbilder says:

    Sigh! Does that mean no artistically arousing calendars from Pirelli for 2009?

    Actually, how often do we change tyres?

    Reply Thumb up 0 Thumb down 1

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