Toyo raises tyre prices in Japan

ERJ staff report (DS)

Tokyo -- Toyo Tires said it will raise prices of passenger car and light truck tyres sold in Japan, effective 1 April. The company previously announced a price increase in truck tyres.

The increases will average 7 percent and apply to all tyres sold in the Japanese domestic market, including both winter and summer tyres.

Toyo blamed higher prices of raw materials, especially natural rubber.

This is an external link and should open in a new window. If the window does not appear, please check your pop-up blocking software. ERJ is not responsible for the content of external sites.

Press release from Toyo