Nizhnekamskshina to Increase Supplies to AvtoVAZ

Radik Ilyasov, CEO of Nizhnekamskshina, Russia’s largest tyre manufacturer, has announced plans to increase the supply of Kama Euro radial tyres to AvtoVAZ. According to a Centre Invest analyst report, Nizhnekamskshina has signed a contract with the automaker to supply all tyres for Chevrolet-Niva production, up from the 47 per cent agreed upon previously. “We believe this is good news for Nizhnekamskshina, which should now be able to gain a wider market share. Research has shown that Russian car owners tend to replace tyres with the factory-installed brand,” the report commented.