Retail

Treadways will implement Sumitomo price hike

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Treadways Corp. has announced that prices on Sumitomo brand tires will increase from 2% to 4%, effective Oct. 1. Increases will vary by line.

Several tire companies will raise their prices on Oct. 1.

Hankook Tire America Corp. will raise prices by up to 4% on its full line of passenger, high performance and light truck tires.

Cooper Tire & Rubber Co. (up to 4%), Toyo Tire (U.S.A.) Corp. (3.5%) and Continental Tire North America Inc. (up to 6%) also will raise consumer tire prices on Oct. 1.

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