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Russia: Daimler and KamAZ invest €50m in axles

Daimler and KamAZ are increasing the scope of their cooperation through a new agreement on axle production. The first step will involve a €50m (US$65.9m) investment in axle production in Russia. The new joint venture will supply axles to KamAZ and the Mercedes-Benz Trucks Vostok joint venture, with supply to Subscribe to Automotive World to … Continued

Daimler and KamAZ are increasing the scope of their cooperation through a new agreement on axle production. The first step will involve a €50m (US$65.9m) investment in axle production in Russia. The new joint venture will supply axles to KamAZ and the Mercedes-Benz Trucks Vostok joint venture, with supply to

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https://www.automotiveworld.com/articles/85188-russia-daimler-and-kamaz-invest-50m-in-axles/

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