History
In 1969, the Central Committee of the CPSU and Ministerial council of the USSR decided to begin construction of factories for the manufacture of supersized cars in the city of Naberezhnye Chelny.
Construction actually began on 13 December 1969, but the first Kamaz rolled off the main assembly conveyor on 16 February 1976.
In 1987, the line for the manufacture of Oka midget cars (VAZ-1111) was created. The first car rolled out on 21 December 1987.
On 25 June 1990, the production association was transformed into an open joint-stock company.
On 14 April 1993, a fire destroyed the Kamaz engine factory.
In 1995, KamAZ embarked on a major company-wide restructuring project involving Western partners such as Cummins and Deloitte & Touche.
Until 2005, Kamaz had a major share in ZMA (Factory of Micro-displacement Cars) that produces the Oka microcar. It was sold to the Severstal group.
Read more about this topic: Kamaz
Famous quotes containing the word history:
“A man will not need to study history to find out what is best for his own culture.”
—Henry David Thoreau (1817–1862)
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (1874–1936)
“It is remarkable how closely the history of the apple tree is connected with that of man.”
—Henry David Thoreau (1817–1862)