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Toyo to Hike Consumer, Commercial Tire Prices in May

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Toyo

Winter tires will be excluded from Toyo's May 1 price increase.

Toyo Tire U.S.A. Corp. will raise prices on most of its consumer and commercial tires up to 6%, effective May 1. The adjustments exclude Toyo's winter tires.

“The price increase is a result of increases in raw material costs and market conditions,” says Mike Graber, Toyo's vice president, sales.

“As always, we remain committed to providing excellent products, service and quality for our dealers and consumers. We greatly appreciate their business.”

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