Falken Will Raise PLT and Truck Tire Prices
Sumitomo Rubber North America Inc. will raise the prices of Falken passenger, light truck and medium truck tires on July 1.
The price increases will apply to products in the U.S. and Canada. The company also will make inline adjustments on a per size basis.
The prices will go up on July 1. The increase is due to "several factors," including higher transportation, labor and raw materials costs.