Expanded strategic cooperation between Daimler Trucks and Kamaz
Presentation of new Kamaz vehicle featuring components from Daimler Trucks
Daimler Trucks and Kamaz sign memorandum of understanding (MoU) concerning their collaboration on truck cabs
Andreas Renschler, Daimler Board of Management member responsible for Daimler Trucks and Daimler Buses: “We're delighted to further expand our cooperation with Kamaz. Russia remains the largest truck market in Europe.”
Stuttgart/Chelny – At the COMTRANS commercial vehicle show in Moscow, Daimler Trucks and the Russian truck manufacturer Kamaz presented another milestone of their partnership: the public unveiling of their first jointly developed truck. The new Kamaz truck is equipped with Daimler Trucks components which Kamaz has modified for the Russian market.
In order to produce the new Kamaz truck, the two partners will work together even more closely in the future. In addition to the axle joint venture concluded in December 2010, Daimler Trucks and Kamaz will closely collaborate on truck cabs in the future. The two companies therefore singed a memorandum of understanding (MoU) on cab production today. Mercedes-Benz will begin delivering cabs to Kamaz in the second half of 2012. Later on, the cabs will be assembled at the Kamaz production plant in Chelny in the Russian republic of Tatarstan and will subsequently be industrially manufactured at the plant. The new Kamaz truck series featuring components from Daimler Trucks which will go into effect in Russia in 2014, meets the Euro V emissions limit,.
Andreas Renschler, Daimler Board of Management Member responsible for Daimler Trucks and Daimler Buses, said, “We're delighted to further expand our cooperation with Kamaz. Russia remains the largest truck market in Europe, with a market volume of 79,000 units over six tons GVW last year and almost 190,000 units forecast for 2020. Together with our partner, we are on the right track to offer state-of-the-art trucks for the Russian market.”
Sergey Kogogin, Director General of Kamaz, added, “The launch of another cooperative project, this time for cabs, will further strengthen the strategic partnership between Daimler Trucks and Kamaz. We’re proud to present our new Kamaz truck as early as this year. The vehicle is benefiting from the cooperation with Daimler Trucks and is optimally tailored to the needs of the Russian market.”
The foundation of Daimler Trucks’ strategic involvement in Kamaz was put in place in December 2008. After the increase of their stake in the Russian company in June 2010, Daimler AG and the European Bank for Reconstruction and Development have jointly held 15 percent of the shares in Kamaz.
The strategic partnership between Daimler Trucks and Kamaz began with the Fuso Kamaz Trucks Rus and Mercedes-Benz Trucks Vostok joint ventures in 2010. The subsequent launch of series production for Fuso and Mercedes-Benz truck models was very successful. Fuso Kamaz Trucks Rus sold about 600 Fuso trucks during the first half of 2011, while Mercedes-Benz Trucks Vostok sold about 1,000 Mercedes-Benz trucks during the same period. The plant at Chelny in the Russian republic of Tatarstan was established in 2010 and serves as the production location for both the Fuso and the Mercedes-Benz brand trucks. The trucks are series-produced at the plant from CKD kits.