Sumitomo Rubber North America Inc. (SRNA) will raise prices on its Falken and Ohtsu passenger, light truck and medium truck tires sold in the United States and Canada up to 10% effective Oct. 1.
Inline adjustments will be made on a "per size basis," according to SRNA officials.
"Several factors have driven the need for this price increase, including increased costs in transportation, labor and raw materials, in addition to other market factors."
