The truck divisions of Japan’s Toyota and Daimler of Germany have agreed to merge to form “a new strong Japanese truck powerhouse” to work together in vehicle development, ...

Toyota Motor Corp. and Daimler Truck Holding AG said Tuesday they concluded an agreement to merge their Japanese truck subsidiaries under a new holding company, aiming to boost competitiveness and ...

The deal could also give Daimler Truck the ability to tackle its margin improvement targets more aggressively, given that Mitsubishi Fuso’s earnings have been a drag on profitability. When talk of a ...

NAGOYA, Japan -- Toyota Motor and Daimler Truck are closing in on merging their commercial vehicles subsidiaries after nearly two years thanks largely to a shared quest to promote hydrogen fuel.

(Reuters) -Toyota Motor unit Hino Motors and Mitsubishi Fuso Truck and Bus, a subsidiary of Germany's Daimler Truck ... In February 2024, the final deal was postponed indefinitely.

TOKYO/NAGOYA, Japan -- Toyota Motor unit Hino Motors and Mitsubishi Fuso Truck and Bus, a subsidiary of Germany's Daimler Truck, are moving to finalize a merger agreement, Nikkei has learned.

Toyota Motor unit Hino Motors and Mitsubishi Fuso Truck and Bus, a subsidiary of Germany's Daimler Truck ... In February 2024, the final deal was postponed indefinitely. The pair have said ...

A tentative such deal was announced two years ago. Under the integration, which will be “on an equal footing,” Daimler Truck and Toyota Motor Corp. will each own 25% of the holding company.