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Author: Padraic Deane

Toyota and Daimler to merge truck brands

Toyota and Daimler Truck confirmed this week that they will finalise the merger of their respective commercial fleet vehicle subsidiaries, Hino Motors and Mitsubishi Fuso Truck and Bus, under a new holding company that they hope will be listed by April 2026. The new combined entity will be led by Mitsubishi Fuso CEO Karl Deppen.