Toyota, Daimler near merger of truck units, Nikkei Asia reports

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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 Asia reported on Tuesday. The two auto groups aim to establish a holding company for the truck units and list it on the Tokyo Stock Exchange's Prime market in April 2026, the report stated, without disclosing its source. The companies agreed in May 2023 to merge the truck operations by the end of 2024. In February 2024, the final deal was

Toyota, Daimler near merger of truck units, Nikkei Asia reports https://www.channelnewsasia.com/ - 01:30
Toyota, Daimler near merger of truck units, Nikkei Asia reports https://www.channelnewsasia.com - 00:53

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Toyota, Daimler near merger of truck units, Nikkei Asia reports https://www.channelnewsasia.com/ - 01:30
Toyota, Daimler near merger of truck units, Nikkei Asia reports https://www.channelnewsasia.com - 00:53