Yokohama Raises Prices 8% on Commercial Tires

Jan 3, 2012 3:53 PM

Yokohama Tire Corporation will implement a price increase of up to 8% on all of its commercial truck tires in the U.S., effective February 1. There will be in-line adjustments that will be announced at a later date.

“Manufacturing and logistics costs associated with commercial products, unfortunately, have continued to be at high levels,” said Rick Phillips, Yokohama director of Commercial Sales. “These, along with domestic and global economic pressures, have made initiating the price increase unavoidable. Despite the industry challenges, Yokohama will continue to use the latest technologies and environmental procedures to produce the best commercial tires at competitive prices.”

For more information on Yokohama’s extensive product line, visit www.yokohamatire.com.

Related content: Yokohama to Boost Prices May 1 on All OTR Tires

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