The Car and Truck Fleet and Leasing Management Magazine

Toyo will Raise Prices Up to 5 Percent

April 9, 2007

CYPRESS, CA – Toyo Tire (U.S.A.) Corp. is the latest tiremaker to announce a May 1 price increase, up to 5 percent for consumer tires, according to Modern Tire Dealer. “Due to the rapidly increasing raw materials, energy, and transportation costs, we need to adjust our pricing accordingly,” said Steve Weinger, senior vice president of sales and marketing for Toyo, as quoted in Modern Tire Dealer.
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