Toyo to raise US tyre prices 6 percent

ERJ staff report (TB)

Cypress, California -- Toyo Tire USA Corp. will increase prices on passenger, light truck and commercial truck tyres by up to 6 percent, effective Nov. 1, with in-line adjustments.

The company said the increase is due to rising raw material costs. Toyo last increased prices June 1 on passenger car, LT, commercial truck and OTR tyres by up to 8 percent.

From Tire Business (A Crain publication)