CYPRESS, Calif. (Aug. 11, 2008) — Toyo Tire (U.S.A.) Corp. will hike prices up to 10 percent for its consumer and commercial tire lines as of Oct. 1.
The increase — resulting from rising raw material, energy and transportation costs — will affect the Cypress-based tire maker's passenger, light truck, commercial truck and off-the-road tires, the company said.