Mercedes-Benz Sells Stake in Russian Truckmaker Kamaz

Mercedes-Benz Group has completed the sale of its shares in Kamaz, the leading Russian truck manufacturer based in Naberezhnye Chelny, known for producing over 43,000 vehicles annually with a workforce of 36,000. This move is part of Mercedes’ broader withdrawal from Russia, initiated in April 2023 due to the ongoing conflict in Ukraine.

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