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Sumitomo Rubber N.A. to Increase Some Tire Prices May 1

Sumitomo Rubber North America will increase prices in the U.S. and Canada on Dunlop, Falken and Ohtsu brand passenger, light truck and medium truck and Dunlop motorcycle tires, as well as implement inline adjustments on a per size basis.

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The price increase of up to 8% will be effective May 1.

The company says several factors have driven the need for this price increase including increased costs in both transportation, labor and raw materials, in addition to other market factors.

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