CYPRESS, Calif. (Jan. 6, 2004) — Toyo Tire (U.S.A.) Corp. will raise prices on most of its consumer and commercial products up to 4 percent, the Cypress-based tire maker said.
The price hike is effective March 1. Toyo did not provide a reason for the increase, but several other tire makers in recent months have announced price increases due to escalating raw materials costs.