According to Kommersant, citing data from the Chestny Znak national labeling system, Russian tire stocks for passenger cars exceed the annual market volume, reaching almost 61 million pieces.
Today, 26.5 million summer tires, almost 14 million winter studded tires, 11.5 million winter non-studded tires and almost 9 million all-season models are stored in warehouses. Another 18.1 million is a warehouse of tires for trucks, buses, agricultural machinery and other vehicles. The total volume of tires and tires as of March 31 in the Russian Federation exceeded 79 million units.
If we take last year’s statistics, then these stocks may be enough for a period of 11 to 17 months, representatives of the national labeling system “Honest Sign” believe. According to Nokian Tires and Michelin, about 40 million tires were purchased last year. At the same time, specifically for passenger cars, sales of tires amounted to about 30 million units, that is, such cars can be provided within two years, subject to continued demand and if warehouses are not replenished.
At the same time, tires continue to be produced in Russia, in particular, factories of local manufacturers Kama Tires, Cordiant and Nortec, as well as Nokian Tires and Pirelli localized in Russia, operate.
Earlier, Bridgestone, Continental, Michelin and Yokohama announced the suspension of production and supplies to Russia.
Source: ixbt
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
