The joint venture of KAMAZ and ZF Friedrichshafen AG is going to establish mass production of 12-speed automated gearboxes Traxon for trucks, buses and special machines with 44-80 ton capacity. At the moment, the JV is offering mechanical transmissions only. According to the plan, the production of gearboxes will be localized on 24%, power steering, by 10%, suspensions, by 40%. New products will be supplied to KAMAZ trucks, as well as to other OEMs – MAZ-MAN, Ural, Isuzu, etc.
The total budget of the new project will be US$ 15 million (1.1 billion Rubles). About half of it will be provided by the Industry Development fund as a privileged loan.
The privileged loan will be provided by the fund on 1-3% interest rates for up to seven years.
PSR Analysis: There is a long history of co-operation between KAMAZ and German ZF. Now, with the State support, they are going to offer to the market brand new equipment, which was not available on domestic trucks before. PSR
Maxim Sakov is a Market Consultant – Russia Operations with Power Systems Research
