Friday, 1 April 2011
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Yokohama Rubber raising export tire prices
TOKYO (April 1, 2011) � Yokohama Rubber Co. Ltd. (YRC) is raising prices on all tires it exports from Japan by up to 15 percent, effective immediately, but Yokohama Tire Corp. (YTC), the firm's U.S. subsidiary, is holding the line on additional increases for now in the U.S. YRC cited continuing increases in raw materials costs for its decision. Yokohama said it will endeavor to hold the
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