Daimler and Renault to hold Kamaz and Volga
Date:2012-02-03 Author:Eric Source:www.chinatrucks.com
www.chinatrucks.com: After many years negotiation, Daimler and Renault are going to hold its Russian partner Kamaz and Volga.
Western auto makers increase investment in Russia and to boost manufacturing industry, and Russian auto markets increased by 39%.
Daimler can hold Russian truck maker Kamaz, and it already takes 11%. Daimler is ready to increase holding of Kamaz, and Russian Technologies holds 49.9% of Kamaz currently.
Currently Renault holds 25% of Volga, and they will take hold of Volga in the first half year.
Views:0
share:
China Trucks International Promotion
Submit Your Requirements, We Are Always At Your Service.
Related China Trucks News
- Daimler Truck Fuel Cell Trucks Successfully Complete More Than 225,000 km 2025-09-18
- Volvo Group and Daimler Truck launch Coretura Joint Venture 2025-06-19
- Toyota, Daimler Truck Finalize Deal to Merge Hino and Mitsubishi Fuso 2025-06-11
- IAA 2024: Daimler Trucks Unveils eActros 600 with 500-km Range 2024-09-17
- Volvo and Daimler Truck to Form Software Joint Venture 2024-05-23
- Daimler Launches New Fuso eCanter in Hong Kong 2024-02-18
- Daimler Truck Starts Local Production of Mercedes-Benz Branded Trucks in China 2022-09-26
- Cummins, Daimler Collaborate on Hydrogen Fuel Cell Trucks 2022-05-13
- Daimler Truck Subsidiary Torc Robotics Opens Technology and Development Center 2022-04-26
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021 2022-03-25
Hot News
- Visiting Invitation: See What's New from Renault Trucks at IAA 2026
- China's Heavy Truck Exports Surge in June as Leading Brands Win Major Orders
- JAC Becomes Official Vehicle Partner of Ghana Football Association
- Xuzhou Launches International Communication Center to Boost Global Outreach
- FOTON, COSCO Shipping Launch Joint Venture to Strengthen Global Supply Chain
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
Recommended Brands[more]
Recommended Trucks[more]
China Truck Statistics
- China's New Energy Tractor Truck Sales Rise 97% to 25,000 Units in June
- China's Pickup Truck Sales Continue to Decline in May
- China's Tractor Truck Sales Up 27% in May
- China's Medium-Duty Truck Market Surges 74% in May
- China's Mini Truck Sales Drop 18% YoY in May
- China's Heavy Truck Sales Rise 23% in May
- China's Light Truck Market Grows 7% to 172,000 Units in May
- China’s Pickup Truck Market Posts Steady Sales Growth in April
- China Light Truck Sales Down 2% to 178,100 Units in April 2026
- China Heavy-Duty Truck Sales Hit 117,000 Units in April, Up 33% YoY
