Mercedes-Benz sells stake in Russian truckmaker Kamaz

Mercedes-Benz sells stake in Russian truckmaker Kamaz

Reuters — 2024-02-15

Automotive Industry

Mercedes-Benz Group on Thursday 15 January said it had sold its stake in Russian truckmaker Kamaz in a transaction that was completed this month after securing all necessary regulatory approvals.

Mercedes-Benz did not disclose the price of the transaction or the buyer.