Sumitomo Rubber North America Announces Price Increase

Sumitomo Rubber North America Announces Price Increase

Sumitomo Rubber North America announced it will increase prices in the US and other markets on Falken and Ohtsu brand passenger, light truck and medium truck tires as well as implementing inline adjustments on a per size basis. The price increase will be effective March 1, 2022.

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

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