Toyo Tires Plans 5% Price Hike in US Market

Toyo Tire U.S.A. Corp., a local sales subsidiary of Toyo Tire Corp. (TYO:5105), announced on June 21 local time that it will be raising its dealer base prices on a range of tires. The decision will see prices rise 5 percent starting Aug. 1 for select passenger car tires, light truck tires, and truck and bus tires. Winter tires for…

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