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Yokohama Tire will implement a price increase of up to 8 percent on all of its commercial truck tires in the United States, effective February 1. There will also be in-line adjustments, which Yokohama Tire will announce at a later date.
“Manufacturing and logistics costs associated with commercial products, unfortunately, have continued to be at high levels,” said Rick Phillips, Yokohama director of Commercial Sales. “These, along with domestic and global economic pressures, have made initiating the price increase unavoidable.”