Toyo Tire USA raising prices in February

Toyo Tire U.S.A. Corp. will increase the dealer base prices on passenger car, light truck and commercial truck tyre patterns by up to 10 per cent. According to the company, the price increase is a result of continued increases in raw materials and logistics costs. The price hike is set to take effect on 1 February 2022.

Established in 1966, Toyo Tire U.S.A. Corp. markets “a full line of premium tyres for nearly every vehicle”. Many of the tyres are built in the United States at the company’s factory in Georgia.