Toyota and Daimler Truck confirmed on Tuesday that they will finalize the merger of their respective commercial fleet vehicle subsidiaries.

The truck divisions of Japan's Toyota and Daimler of Germany have agreed to merge to form "a new strong Japanese truck ...

At the start of this year, Hino agreed a $1.2bn settlement with the US authorities, leading the truck unit to a record net loss but helping to pave the way for the merger.

Hino Motors Ltd. and Mitsubishi Fuso Truck and Bus Corp. are in the last stages of coordinating their business integration, after Hino resolved an engine emissions scandal. They may reach a final ...

Investing.com-- Toyota’s Hino Motors and Mitsubishi Fuso Truck and Bus, a unit of Germany’s Daimler (OTC: MBGAF) Truck, are close to finalizing a merger agreement, the Nikkei Asian Review reported on ...

A renewed push for a merger comes after Hino reached a $1.2 billion settlement with U.S. authorities, clearing up a bulk of its compliance issues. Related articles. Toyota, Daimler near truck unit ...

Toyota Motor unit Hino Motors has agreed a $1.6 billion settlement with U.S. agencies and will plead guilty over excess diesel engine emissions in more than 105,000 U.S. vehicles, the company and ...

Hino, a Toyota Motor unit, reached a basic agreement in May 2023 to merge with Mitsubishi Fuso. But the deal was postponed indefinitely as Hino faced a protracted scandal over falsified engine data.

Hino Motors, a subsidiary of Toyota, has reached a settlement agreement with the U.S. government, pledging to pay $1.6 billion (£1.3 billion) in response to allegations of deceptive practices ...

Toyota subsidiary Hino Motors has agreed to pay $1.6bn (£1.3bn) and plead guilty to deceiving US regulators about the amount of emissions produced by its diesel engines.