Daimler unit gets 15% of truck maker Kamaz

Daimler Truck AG, a subsidiary of German automaker Daimler AG, has acquired a 15-percent stake in Russian truck maker Kamaz. The transaction took place on Nov 15, according to a Kamaz statement on Monday, without elaborating. Kamaz is Russia's top producer of heavy cargo trucks. It also manufactures a broad spectrum of other commercial vehicles, including diesel, gasoline and electric-powered buses.