Toyo Tire to Increase Consumer, Commercial Tire Prices - Tire Review Magazine

Toyo Tire to Increase Consumer, Commercial Tire Prices

The price increase is a result of increases in raw material costs and market conditions, the company says.

Effective May 1, Toyo Tire U.S.A. Corp. will increase the dealer base prices on most consumer and commercial tires by up to 6%. Excluded from the adjustment are winter tires.

“The price increase is a result of increases in raw material costs and market conditions,” said Mike Graber, vice president, sales, Toyo Tire U.S.A. Corp.

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