Yokohama Rubber increases export tyre prices up to 15%
The Yokohama Rubber Co., Ltd., announced today that it will increase the prices of its export tyre products starting from April 2011, due to sharply rising raw material costs. The price increases will apply to all tyre products for passenger cars, light trucks, trucks and buses, and vehicles for construction and industry, for all markets outside Japan. The company said it will “endeavour to hold the increase within a maximum of 15 per cent, but higher prices may be necessary for specific regions or products.”