Russia, Belarus to combine truck making assets

Newswire

MINSK, Feb 16 (Reuters) - Belarus will create a joint holding company with Russia that will own stakes in truck makers KAMAZ and MAZ rather than sell MAZ to KAMAZ, Belarus' First Deputy Prime Minister Vladimir Semashko said on Wednesday. "This is not a sale of plants," he told a goverment meeting. "This is transferring a certain stake into a joint holding company... We will not give up more than 49 percent of MAZ yet." (Reporting by Andrei Makhovsky; Writing by Olzhas Auyezov)

Premium Content (PAID Subscription Required)

"Russia, Belarus to combine truck making assets" 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) ×