Dated: 06 January 2010
More Toyo Tire Price Increases
Toyo Tire USA said back on the 4th December 09 that commercial tyre prices were going to rise by 6% on the 1st of January. Now, only a few days later, they have released a new statement announcing their intention to raise the cost of their truck tyres by 7% as of the 1st February 2010.
The reason behind both increases was the same - the sharp rise in raw material costs.