Город: Москва
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8 800 300-65-10
Город: Москва
Ваш регион
8 800 300-65-10

Toyo Tire to raise prices for second time in three months

Toyo Tire U.S.A. Corp. will raise prices again across all tire categories in the U.S., by up to 8.5%, effective Aug. 1.


The tire maker said the increase is the result of continued price spikes in raw materials and logistics.


It marks the second increase in three months for Toyo. On May 1, the tire maker increased prices on most consumer and commercial tires in the U.S. by up to 6% and increased prices similarly on "non-winter" passenger and light truck tires in Canada.


Hankook Tire America Corp. is increasing prices of its Hankook and Laufenn brand passenger and light truck tires up to 7%.



Hankook Tire America Corp. is increasing prices of its Hankook and Laufenn brand passenger and light truck tires up to 7%, effective Aug. 1. Price hikes will vary according to product.


"The increases are the result of several factors, including rising cost of raw materials, increased logistics costs and other market factors that have affected internal costs," according to Hankook officials.