UralAz Becomes Iveco-AMT
In 2008, the ownership structure evolved and the Italian manufacturer Iveco became the majority owner. The General Meeting of 7 April 2009 decided to change the name of the company. "Iveco-UralAZ" was renamed "Iveco-AMT" Ltd. from April 16, 2009.
Iveco-AMT introduced brand new trucks named IVECO Trakker produced by the company in the city of Miass, Chelyabinsk region. "AMT" means: A utomobile / HAI M / T urin. This is based on the locations of the two plants: the assembly is performed in the city of Miass and component production takes place in Turin.
Read more about this topic: Ural Automotive Plant