Yokohama Announces Another Price Hike on Commercial Truck Tires

Fullerton, CA – Yokohama Tire Corporation is once again hiking prices on its commercial truck tires.

The tire manufacturing giant announced the price increase on Friday citing ongoing challenges in the supply chain and rising costs.

“In response to the unparalleled rise of freight and operational costs, as well as the continued increase in the cost of raw materials, Yokohama Tire Corporation announced it will implement a price increase on its consumer replacement tires and commercial truck tires sold in the U.S., effective November 1,” the company said.




 

It is unclear how much costs will be increasing, but the hike will take effect November 1.

This is the second price increase just in the last three months.

Yokohama announced a similar increase in July which took effect August 1.

 


RECENTLY RELATED
Hundreds of Freightliner Cascadias Recalled Due to Fire Risk From Faulty Exhaust System
VIDEO: Volvo Unveils Prototype of First On-Highway Autonomous Semi-Truck
Michelin To Raise Commercial Tire Prices By Up To 13%
Love’s to ‘Increase Capacity’ After Opening New Tire Retread Plant in Oklahoma

If you enjoyed this article, please help us grow by sharing it. Thank you!

SHARE YOUR COMMENTS



Pin It on Pinterest

Share This