Yokohama announces tire price increase

Yokohama announces tire price increase

Yokohama-Logo

Yokohama Tire Corp. announced that it will implement a price increase of up to 4% on all of its commercial and off-the-road (OTR) tires sold in the U.S., effective Sept. 1. Some in-line adjustments on consumer tires will also be implemented at the same time.

“We reluctantly took a first-step price increase in early 2017 in response to the escalation in operating and material costs that peaked in late 2016,” said Jeff Barna, chief operating officer of Yokohama Tire. “That modest increase left us under-recovered, hence requiring us to take further action.”

You May Also Like

Powerfleet, MiX Telematics approved for business combination

The combination is expected to be complete in the first week of April, after which the businesses will be branded as Powerfleet.

Powerfleet-x-MiX-telematics-integration

Powerfleet, Inc. and MiX Telematics have received shareholder approval on the proposals related to the previously announced business combination between the parties. Powerfleet says that the transaction is expected to close the first week of April, subject to the satisfaction of remaining customary conditions. Upon closing, the combined business will be branded as Powerfleet.

Scania speeds up autonomous transport pilot program

Equipped with Plus, Scania has been testing its trucks in Sweden since 2021 — now it plans to expand operations throughout Europe, this year.

SCANIA-Logo-vector
IRS clarifies: RNG cleaning and conditioning equipment eligible for tax credit

RNG Coalition notes a correction to an investment tax credit proposal regarding RNG cleaning and conditioning equipment.

RNG-Coalition-logo-ITC-technical-correction
Stellantis and UFOFleet form partnership

Stellantis says it chose UFOFleet for its proven customer experience, flexible technology and deployments with leading global brands.

UFO-Fleet-Stellantis
SKF helps Maverick Transportation keep wheels attached

Having a wheel fly off while driving can be catastrophic, and SKF says TraX and Road Ready help catch issues early.

SKF-Road-Ready-TraX-wheel-telematics-Maverick-Transportation

Other Posts

Continental cuts the ribbon on new U.S. HQ in South Carolina

The building’s 840 solar panels are capable of offsetting up to 25% of its total energy consumption.

Continential-Tire-Review-South-Carolina-US-HQ
Webb UltraSet pre-assembled hubs to replace Stemco Trifecta

Webb is introducing UltraSet as its replacement pre-assembled hub, after recently acquiring the Stemco Trifecta pre-adjusted hub program.

Webb-UltraSet-Hub-combo-StemCo-Trifecta
Goodyear unveils two RangeMax tires deisgned for regional work

Goodyear says the new tire models balance traction, range and mileage for work vehicles running on electricity, gas or diesel.

Goodyear-rangemax tires-group-logo
Double Coin FR610, other tires to be displayed at MATS

The FR610 is the latest SmartWay Verified long haul steer tire in Double Coin’s lineup.

Double-coin-logo-truck-tire-generic