The planned investment of Daimler into Russian truckmaker Kamaz may be postponed.
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German daily Handelsblatt reported that the mood in the Daimler boardroom has turned cooler on investing in a stake in Kamaz.
“Kamaz is no longer a high priority,” the paper cited a person familiar with the situation as saying.
Daimler is in the process of purchasing a 42% stake in Kamaz.
The deal could be closed in 2009 instead of 2008, Andrei Sharonov, head of Daimler’s negotiation partner Troika Dialog said, according to the newspaper.
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