Mercedes-Benz Vostok and Fuso KAMAZ Trucks Rus are merging

Mercedes-Benz Vostok and Fuso KAMAZ Trucks Rus are merging

Zr.ru – European Commission’s competition authority has approved the agreement between KAMAZ and and Daimler AG, proposing the merger of Mercedes-Benz Vostok and Fuso KAMAZ Trucks Rus. The parties had previously agreed to unite the plants in Naberezhnye Chelny, in order to reduce the costs.

Fuso KAMAZ Trucks, established in 2009, manufactures Mitsubishi Fuso medium tonnage trucks. The biggest shareholder of the company is Daimler AG. The German manufacturer also produces Mercedes-Benz medium tonnage trucks in Naberezhnye Chelny with KAMAZ.

The two plants plan to cut costs by sharing the same production area.