UPDATE 3-Daimler in talks to buy stake in Kamaz

Newswire

(Adds analyst comment) By Hendrik Sackmann STUTTGART, Germany, July 25 (Reuters) - Daimler AG , the world's biggest maker of commercial vehicles, is in talks to buy a 42 percent stake in truckmaker Kamaz as a way to boost sales in the fast-growing Russian market. Russia is now Europe's largest truck market and Kamaz is the top player, building nearly three quarters of the country's dump trucks and about half of its other large cargo vehicles. "Along with the option of building a new ...

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