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Toyo Tires increases prices
From April, the manufacturer will have to raise prices slightly.
Toyo Tires increases prices
Due to the ongoing cost developments for raw materials and transport costs, the manufacturer is adjusting its prices on April 1, 2021. Starting in April, prices will increase by an average of 2.6 percent.
The situation with supply chains and transport prices remains tense. “So far we have been able to absorb the price increase for our customers,” explains Marco Stezelow, Managing Director of Toyo Tire Germany. “However, the cost development is rapid, so we are now forced to pass on some of the adjustments to our customers.”