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Daimler increases involvement in Russia JV
"The love story between German producer Daimler and the Russians from Kamaz has not lost its momentum. On the contrary, Daimler claims it's all milk and honey in Russia and announced late last week the signing of a new Memorandum of Understanding (MoU) with the Russian partner. The new deal will see Daimler supply axles for the trucks produced by the Mercedes-Benz Trucks Vostok joint venture. According to the plan, the Germans will also be supplying, sometime in the f..." Continue Reading →
Photo credits: Daimler
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