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CORRECTED-BRIEF-Michelin says raising European replacement tires prices
February 3, 2017 / 7:42 AM / 10 months ago

CORRECTED-BRIEF-Michelin says raising European replacement tires prices

(official correction from Michelin. Changes timing of price hike to end-April)

Feb 3 (Reuters) - Michelin statement says:

* Raising the price of its tires in the European replacement market by as much as 8 percent for the Passenger Car & Light Truck, Truck, Earthmover, Agricultural and Two-Wheel segments

* Hike will take effect by the end-April.

* Says raising its tire prices in order to pass on the increase in raw material costs. Source text for Eikon: Further company coverage:

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