Well, don't.
"...rises are expected to bite consumers later this year...cost of replacing all the tyres on an average family car will climb by as much as £50, while some high-performance sports models could cost £300 more..."
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Are you still twiddling your thumbs thinking of getting some new tyres?
Jul 13, 2006
6 Replies
First reply
"Sumitomo Rubber Industries (Dunlop and Falken brands) has become the second Japansese tyre-maker in a frtnight to issue a profit warning following soaring raw material costs." They've reduced profits forcast by 39%. Bridgestone similarly reduced theirs by 35%, and Goodyear and…
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Bullshit. That'd mean tyre prices for my car more than doubling.
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"Sumitomo Rubber Industries (Dunlop and Falken brands) has become the second Japansese tyre-maker in a frtnight to issue a profit warning following soaring raw material costs."
They've reduced profits forcast by 39%.
Bridgestone similarly reduced theirs by 35%, and Goodyear and Michelin have also warned of the same problem.
Manufacturers will pass some of the costs onto the end user - at £50 for
4 tyres (£12.50 per tyre) it might be possible - I doubt the higher end ones would cost £75 per tyre more just through raw material costs - I'd imagine the increase should be the same throughout the range - any additional increases more premium products would be down to additional markup I expect. D
Aah. Read it as prices of car tyres climbing by £50, not a SET.
David Hearn ( snipped-for-privacy@NOswampieSPAM.org.uk) gurgled happily, sounding much like they were saying :
There's a lot more rubber in a big 4x4 tyre than a Micra tyre. Also, it'd seem more appropriate to put an across-the-range %age hike on, rather than some fixed amount that'll double the Micra tyre and be insignificant on the range-topper.
I agree that different tyre sizes will be affected differently. I just meant that your budget tyre (or a particular size) would see a similar increase in raw materials cost to a premium brand/model (of the same size) as they're going to use a similar amount of rubber - after all - the tyres are going to be the same size.
D
Strangely enough big 4x4 tyres aren't all that expensive - low-profiles are _much_ pricier.
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