Russia: Daimler to raise stake in KamAZ

Daimler AG plans to raise its stake in its Russian partner KamAZ in the next three to four years. The company currently holds a 15% interest in the Russian truck manufacturer. Andreas Renschler, the Daimler board of management member responsible for Daimler Trucks and Daimler Buses, has clarified that this will Subscribe to Automotive World … Continued

• By Webmaster
• March 20, 2012