Daimler shifts into gear for Kamaz stake
Published: 12 December, 2008, 14:50
As the US Senate rejects the $14 Billion bailout plan for automakers, Germany's Daimler defies the sour mood. It bought a 10% stake in Russia's top truck maker Kamaz for $250 million, which could rise to $300 million depending on how Kamaz performs.
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