FULLERTON, Calif. (Jan. 26, 2010)—Yokohama Tire Corp. is raising prices on its light and medium commercial truck tires in the U.S. by up to 7 percent, effective March 1.
There will be in-line adjustments, as well, which Yokohama said will be announced at a later date. Off-the-road, light truck and consumer tires will not be affected by the increase.
The price increases are because of the escalation of raw materials and energy-related expenses, Yokohama said. Yokohama's last commercial truck tire price increase was in September 2008.