| 27-03-2008
According to the news from Yokohama Group said due to the continued rising costs of raw materials, Yokohama Tire Corporation announced it increased prices on its tires by three to five percent. “The record escalation of raw material costs, petroleum-related material and energy costs, as well as transportation costs, have combined to make price increases a necessity,” said Gary Nash, Yokohama director of tire sales. “Yokohama’s improvements in operational efficiency have actually helped offset higher materials costs. In fact, the three to five percent bump is in line with all our other product lines.”
Yokohama Tire Corporation is the global producer and distributor of premium tires since 1917. Yokohama Tire Corporation offers a complete line of tires, including high-performance, commercial bus and truck, etc.
Editor:Frederick Wei from Chinabuses.com
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