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Daimler's Russia partner in talks on China truck venture

From Bloomberg| March 20 , 2010 12:34 BJT

OAO KamAZ, the Russian truckmaker partly owned by Daimler AG, is in talks with "several" potential Chinese partners and may form a venture in the country next year, said Oleg Afanasiev, a KamAZ spokesman.

KamAZ is seeking to make "at least" 10,000 vehicles a year in China and export some of those to Central and South America, Afanasiev said by phone today from Naberezhnye Chelny in Russia's Tatarstan region, where KamAZ is based.

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