We 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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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.
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….
If the increase around 2-5%, its a bit okay. But its a big no-no if its >10% increase.
I went to Eneos Kepong last weekend and found out most brands had already increased some 10% on top of the normal price :(
simple solution,use back the old kancils….
How about re-tread? Many lorries are doing this and this is why we saw so many tyre skin on our road.
I can see 100 years time, where drifting is an extinct sport cause too expansive to produce tyres
drive slow-slow, brake slow-slow, corner slow-slow….hopefully tyre wear can be slow-slow oso.
Sigh! Does that mean no artistically arousing calendars from Pirelli for 2009?
Actually, how often do we change tyres?