Newsrss5

Sumitomo Rubber North America announces price increase

Rancho Cucamonga, CA – Sumitomo Rubber North America will increase prices in the US, Canada and Caribbean on Falken, Ohtsu and Private Brand Passenger and Light Truck tires as well as implementing inline adjustments on a per size basis. The price increase of up to 8% will be effective January 1, 2022.

Several factors have driven the need for this price increase including increased costs in both transportation and labor, raw materials in addition to other Market factors.