CYPRESS, Calif. — Toyo Tire U.S.A. Corp. will increase the dealer base prices on select passenger car and light truck tires by up to 2% to 8%, effective Nov. 1.
The company said the price increase is a result of continued increases in raw materials and logistics costs.
Toyo previously raised prices across all tire categories in the U.S. by up to 8.5% on Aug. 1 and on most consumer and commercial tires in the U.S. and consumer tires in Canada by up to 6% on May 1.