Toyo Tire USA Increases Prices by up to 10%

On 1 October 2008 Toyo Tire U.S.A. Corp. will increase consumer (passenger and light truck) and commercial (truck and OTR) tyre products by up to 10 per cent. “The cost of raw materials, energy, and transportation continues to rise at a steep rate, making it necessary for us to increase our prices,” said Steve Weinger, senior vice president, sales & marketing, Toyo Tire USA Corp.