Monday, August 30, 2010

Mercedes-Benz trucks will be build in Russia

Mercedes-BenzGermany’s automobile concern Daimler, which manufactures trucks with the brand Mercedes-Benz, expanding its cooperation with Russia. The company will sign a contract with the Russian KAMAZ automobile holding company set up a joint venture, reported Reuters, citing information from the German company with headquarters in Stuttgart. The aim is not only the production of trucks with the brand Mercedes, but to offer the Russian market with the brand and buses Setra. Reminiscent of the German concern that in December last year, Daimler acquired 10 percent of the capital of Kamaz. “In the beginning will produce spare parts and only assemble Mercedes-Benz trucks in Russia,” said a representative of KAMAZ Oleg Afanasiev, quoted by Itar-Tass.
He said the volume of production will be specified after the contract is signed creation of the joint venture.

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