* Stuttgart - Mercedes-Benz looks to KAMAZ to build car plant in Russia
--- Russian truck manufacturer KAMAZ is to partner Daimler AG in the construction of a plant to assemble Mercedes-Benz passenger vehicles in Russia... Daimler and the Russian truck maker already have a joint venture Daimler KAMAZ Rus that has a state subsidy on the import of auto components in return for increased capacity and localized production in Russia... At present, the joint venture produces Mercedes-Benz and Fuso trucks, and is also constructing a factory to make bodies for trucks. Daimler has a 15 percent stake in KAMAZ... According to Vedomosti, it will be a full-cycle plant with a capacity of up to 25,000 vehicles a year. It’s not yet clear which Mercedes cars it will make, but Madeja said it will represent the most popular models on the Russian market...
(Photo by Michaela Rehle - An employee works on the new Mercedes-Benz S-class car at the plant in Sindelfingen near Stuttgart) -- Stuttgart, Germany - RT.com, by Thomas Kienzle / AFP - 26 Aug, 2016Labels: truckmakers news Germany
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