LONDON – Daimler’s streamlining of its commercial-vehicle operations in Russia is meant to achieve a sounder footing in a market hobbled by falling oil prices and Western economic sanctions, the automaker says. The European Commission’s competition authority on Feb. 24 approved Daimler’s plan to merge its two joint ventures with Russian truck manufacturer Kamaz OAO: Mercedes-Benz Trucks Vostok OAO and Fuso Kamaz Trucks Rus, which produce and distribute Mercedes and ...

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