Daimler and Toyota to merge Fuso and Hino in $6bn deal to compete with Chinese rivals
Originally Published 7 months ago — by electrive.com
Daimler Truck and Toyota are finalizing a merger of Mitsubishi Fuso and Hino Motors into a new holding company to enhance efficiency and focus on CASE technologies, including electrification and hydrogen, with operations expected to start in April 2026.