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Toyo to Increase Prices in October

CYPRESS, CA – Toyo Tire (U.S.A.) Corp. will raise prices on its consumer products by 3.5 percent on Oct. 1, 2007

by Staff
September 5, 2007
1 min to read


CYPRESS, CA – Toyo Tire (U.S.A.) Corp. will raise prices on its consumer products by 3.5 percent on Oct. 1, 2007, according to Modern Tire Dealer.

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Steve Weinger, senior vice president, sales and marketing, reports the increase is due to continued increases in raw materials, energy and transportation costs.

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The last price increase for Toyo consumer tires went into affect on May 1, when the company raised prices by up to 5 percent.

It was earlier announced that Continental Tire North America Inc. also will raise its tire prices on Oct. 1.

A price increase of up to 6 percent will be levied on all the company's Continental, General and proprietary brand passenger and light truck tires in the United States. It will vary by market line and/or tire size.

Falken Tire Corp. made price adjustments on selected Falken brand consumer tires on Sept. 1.

Both Goodyear Tire & Rubber Co. (up to 8 percent) and Kumho Tire U.S.A. Inc. (up to 7 percent) raised their passenger and light truck tire prices on August 1.

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