Yokohama to raise tire prices

user-gravatar

Following on the heels of Bridgestone Firestone, Yokohama Tire Corp. says it will raise prices for its commercial truck and bus tires effective May 1. The company blames long-running increases in raw material and transportation costs for the price increase.

“We have been doing our best to contain costs of raw material, manufacturing and transportation,” says John Cooney, director of commercial sales for Yokohama. “Now an increase of up to 5 percent