Yokohama Tire announces price increase

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Yokohama Tire Corp., blaming escalating raw material prices, is increasing the price of its passenger, light truck, medium truck radial and some OTR tires by as much as seven percent, effective June 1.

Yokohama announced it will increase the price of passenger and light truck tires as much as seven percent. A five to seven percent increase will go into effect for medium truck radial tires, light truck commercial tires, earthmover and mining tires, as well as Mohawk and private brands. There also will be in-line adjustments on select sizes and treads.