Yokohama Rubber to Raise Prices on Replacement Tires in Japan

Yokohama Rubber will raise the manufacturer’s shipment prices for replacement tires sold in the Japanese market by an average of 5 percent, effective June 1. The rate of increase will vary depending on product and size. The revision applies to domestic replacement summer tires for passenger cars and vans. The company explained that logistics, labor, and energy costs have remained…

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