Yokohama introduces 8% US commercial tyre price hike
Yokohama Tire Corporation has announced a price increase of an average of 8 per cent on all of its light and medium commercial truck tyres sold in the USA from 1 July. Rick Phillips, Yokohama director of commercial sales, said that in addition to rising raw materials costs “other factors also influenced the increase, such as the costs associated with manufacturing and transportation, which continue to escalate.”