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Nov 1, 2008

Russia's middle and high price growth in demand for a huge car tire

March 14 report, experts estimated that in 2005 Russia car tire market with a capacity of 29,300,000 sets of -4390 million, the average annual market growth of 5.5%. Moscow is the most adequate supply of cars in areas, and its total share of the total number of vehicles in Russia -18.4% 16.7%, Moscow and its suburbs car tire market capacity is estimated at 5,330,000 sets of -810 million.

Experts according to the value of the car tires into high, medium and low price of three parts, low-cost part of Russia is the largest market in 2005, some of the low-cost capacity accounted for 57.86% of the total, the price of 25. 74%, accounting for 16.4 percent at high prices.

Russia has recently constituted the total number of vehicles going through changes in real terms: in 2006 foreign brand car sales growth of 65% over the previous year, according to official data released, is the leader in sales of Ford, Hyundai, Toyota, Nissan, Renault, Chevron Lan and other brands. At the same time, Russia's brand of car sales are falling. Changes in the auto sector in the tire market prices reflect this, experts predict, with low-cost tire demand reduction in the price of high-priced tires and the huge growth in demand. This trend has been marked marketing consulting firm  Symbol-Marketing survey results confirmed that according to information received, the Moscow wholesale trade in products of Western superiority, its share in the company's wholesale varieties account for 92%  car tires wholesale trade Producers in Europe has a strong position: the share of its wholesale accounts for 46% of the total varieties, although the share of U.S. products accounted for 24%. Survey results show that Russia accounts for tires to investigate the sum of 8%. The most representative of the brand, Yokohama  YOKOHAMA, Nokia and  Nokian Dunlop  DUNLOP leading position; producers in the United States Goodyear Tire & Rubber Co., Ltd.  Goodyear Tire & Rubber Company's products are the best, more than its share of the other Indicators producer of a similar double, making it the capital market in the strongest position (with a lot of monopoly), the market is a direct competitor Yokohama Rubber Company  Yokohama Rubber, Continental AG  Continental AG, tire company Nokia  Nokian Tires and Michelin (Michelin & Cie).

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