UPDATE 2-Daimler plans to assemble Mercedes in Russia

Newswire

(Adds Hilgert remarks) MOSCOW, May 24 (Reuters) - German-American carmaker DaimlerChrysler plans to start assembling Mercedes models in Russia this year, the Kremlin said. A Kremlin statement, issued late on Monday, quoted Daimler Chief Executive Juergen Schrempp as telling President Vladimir Putin the cars would be assembled in St Petersburg -- Putin's political stronghold -- starting this autumn. "If I had any doubts -- and I don't have them -- regarding Russia's development process, ...

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