Skip to content

Russia: Daimler, GAZ to invest €100m in van venture

Russian vehicle manufacturer GAZ Group, owned by billionaire Oleg Deripaska, has entered into an agreement with Daimler to assemble Mercedes-Benz Sprinter vans in Russia. Bloomberg, citing Dmitry Levchenkov, a department head in the country's Economy Ministry, said the companies will invest a total of €100m (US$132m) in this project. The assembly Subscribe to Automotive World … Continued

Russian vehicle manufacturer GAZ Group, owned by billionaire Oleg Deripaska, has entered into an agreement with Daimler to assemble Mercedes-Benz Sprinter vans in Russia.

Bloomberg, citing Dmitry Levchenkov, a department head in the country's Economy Ministry, said the companies will invest a total of €100m (US$132m) in this project. The assembly

Subscribe to Automotive World to continue reading

Sign up now and gain unlimited access to our news, analysis, data, and research

Subscribe

Already a member?

https://www.automotiveworld.com/articles/85203-russia-daimler-gaz-to-invest-100m-in-van-venture/

Welcome back , to continue browsing the site, please click here