Daimler says in talks to raise Kamaz stake - Ifax

Newswire

MOSCOW, June 24 (Reuters) - German carmaker Daimler is in talks to increase its stake in Russian truck maker Kamaz , Interfax news agency reported on Friday, citing Daimler's Executive Vice President Hubertus Troska. "There are two parties in the talks: a buyer and a seller. We are interested in increasing our stake in Kamaz," Troska was quoted by Interfax as saying. He said he could not put a timeframe on the talks, Interfax added. (Reporting by Maria Kiselyova; editing by John Bowker)

Premium Content (PAID Subscription Required)

"Daimler says in talks to raise Kamaz stake - Ifax" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×