Yokohama Tire Corp. on Tuesday, Jan. 3, announced a price increase of up to 8 percent on all of its commercial truck tires in the United States effective Feb. 1. Other inline adjustments will be announced at a later date.
“Manufacturing and logistics costs associated with commercial products, unfortunately, have continued to be at high levels,” says Rick Phillips, Yokohama director of commercial sales. “These, along with domestic and global economic pressures, have made initiating the price increase unavoidable. Despite the industry challenges, Yokohama will continue to use the latest technologies and environmental procedures to produce the best commercial tires at competitive prices.”
