Mitsubishi Fuso and Hino Finalize Merger with Support

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Mitsubishi Fuso and Hino finalize merger with backing from Daimler Truck and Toyota, forming a new commercial vehicle leader focused on electric mobility and global expansion.

Mitsubishi Fuso Truck and Bus Corporation and Hino Motors Ltd., two of Japan’s leading commercial vehicle manufacturers, have officially finalized their long-anticipated merger, forming a unified powerhouse in the global truck and bus industry. The merger is supported by strategic stakeholders including Daimler Truck and Toyota Motor Corporation.

? Creating a Commercial Vehicle Giant
The merger consolidates the strengths of both companies in product development, electrification, and global logistics support. The new entity will focus on:

⚙️ Joint development of next-gen electric and hydrogen-powered trucks
? Expanded global production and parts logistics network
? Shared R&D in autonomous driving and energy efficiency
? Strengthened export strategies across Asia, Europe, and Africa

? Strategic Backing for Sustainable Growth
With support from Daimler Truck (parent of Mitsubishi Fuso) and Toyota (majority shareholder in Hino), the merged company benefits from:

? Access to capital and shared global supply chains
? Data-sharing for smart fleet management
? Collaboration on zero-emission and connected vehicle technologies

? Executive Commentary
A joint statement from the leadership team noted:
"This merger allows us to tackle industry transformation together—focusing on carbon neutrality, safety, and performance for a sustainable mobility future."

? Read the full analysis at- Mitsubishi Fuso and Hino Finalize Merger with Support

 

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