Yokohama is increasing prices by up to 8 percent on all of its consumer tires sold in the U.S., which include passenger car, performance and light truck tires.

The increase will go into effect March 1, with some in-line adjustments to be announced later.

“Global supply issues, economic pressures and costs associated with manufacturing and logistics” are being cited as the main factors.

“Soaring energy and transportation expenses, along with today’s challenging business climate, have made the price adjustment necessary,” says sales director Shawn Denlein.

“As always, though, we will continue to bring the best product to market at competitive prices,” he adds.

For more information, visit www.yokohamatire.com.