German automaker Daimler Truck (part of the Mercedes-Benz Group) sold its 15% stake in the KamAZ diesel truck manufacturer in 2024. This information was disclosed by KamAZ General Director Sergei Kogogin in a conversation with the newspaper. “Vedomosti”.
“Mercedes-Benz Group AG has not been involved in company life since February 2022,” the director said in the broadcast.
According to his information, the official process of terminating participation in the capital of KamAZ has already been completed.
“Future plans for our company are unknown,” Kogogin added.
He did not disclose to whom he sold the shares of the concern.
Previously Russian truck manufacturer KamAZ suspended Due to the holiday, the vehicle will be released on December 30. The company noted that, despite all the difficulties and difficulties of modern times, the main tasks set for the divisions of KamAZ PJSC for 2023 have been completed.
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