Nizhnekamskshina to Increase Supplies 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% agreed upon previously.

“We believe this is good news for Nizhnekamskshina, which should now be able to gain a wider marketshare. Research has shown that Russian car owners tend to replace tires with the factory-installed brand,” the report commented.