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March 19, 2010

RUSSIA: KamAZ seeks Chinese partner

Russian truckmaker KamAZ, which is part-owned by Daimler, is in talks with “several” potential Chinese partners and may form a venture in the country next year.

Russian truckmaker KamAZ, which is part-owned by Daimler, is in talks with “several” potential Chinese partners and may form a venture in the country next year.

KamAZ told Bloomberg News it wants to make 10,000 vehicles a year in China and export some of those to Central and South America.

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