Toyota, Daimler to merge truck brands Hino, Mitsubishi Fuso

The leaders of Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corp. conclude a basic agreement on accelerating development of advanced technologies by merging Mitsubishi Fuso and Hino Motors. (Toyota Motor Corp.)

May 30, 2023 10:37 AM

TOKYO — Toyota plans to merge its troubled truck-making subsidiary Hino Motors with its Daimler-owned heavy truck rival Mitsubishi Fuso to jointly develop advanced technologies.

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