June 1 price rise for Toyo’s US market consumer tyres

Dealer base prices for Toyo passenger car and light truck tyres will increase by an average of eight per cent in the US on June 1. Announcing the price revision, Toyo Tire USA senior director of sales John Hagan stated “Toyo Tires is committed to providing excellent product quality while keeping prices to a minimum; however the continued increases in raw material costs make it necessary for us to raise our prices at this time.”