GAZ Group is holding talks with Daimler over the production of light commercial vehicles (LCVs), business daily Vedomosti reported today.

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The report cited remarks by Jason Nomikos, director for marketing and sales of light vehicles at Mercedes-Benz.


GAZ Group is one of the Russian companies Daimler is in talks with, Nomikos said.


The companies are discussing several ways of cooperating, including setting up a joint venture, he said.


GAZ Group started searching for a new partner for LCV production after it its UK-based LCV maker LDV want out of business in mid-2009. The firm is looking for updated technology, in particular.


Daimler is already working with Russian heavy-duty truck maker Kamaz, in which it holds a 10% stake.


RUSSIA: GAZ Group seeks foreign partner

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