Daimler and Renault to hold Kamaz and Volga
February 03,2012
www.chinatrucks.com: After many years negotiation, Daimler and Renault are going to hold its Russian partner Kamaz and Volga.
Western auto makers increase investment in Russia and to boost manufacturing industry, and Russian auto markets increased by 39%.
Daimler can hold Russian truck maker Kamaz, and it already takes 11%. Daimler is ready to increase holding of Kamaz, and Russian Technologies holds 49.9% of Kamaz currently.
Currently Renault holds 25% of Volga, and they will take hold of Volga in the first half year.
Western auto makers increase investment in Russia and to boost manufacturing industry, and Russian auto markets increased by 39%.
Daimler can hold Russian truck maker Kamaz, and it already takes 11%. Daimler is ready to increase holding of Kamaz, and Russian Technologies holds 49.9% of Kamaz currently.
Currently Renault holds 25% of Volga, and they will take hold of Volga in the first half year.
Source : www.chinatrucks.com
Editor : Eric
Views : 5918
Tags : Daimler Renault Kamaz Volga
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