(Update) Hino, Mitsubishi Fuso Sign Merger Deal

(Update) Hino, Mitsubishi Fuso Sign Merger Deal

Toyota CEO Koji Sato, Hino CEO Satoshi Ogiso, Mitsubishi Fuso CEO Karl Deppen and Daimler Truck CEO Karin Radstrom pose for a photo after a press conference in Tokyo on Tuesday.
Toyota CEO Koji Sato, Hino CEO Satoshi Ogiso, Mitsubishi Fuso CEO Karl Deppen and Daimler Truck CEO Karin Radstrom pose for a photo after a press conference in Tokyo on Tuesday.

   Tokyo, June 10 (Jiji Press)--Japanese truck makers Hino Motors Ltd. and Mitsubishi Fuso Truck and Bus Corp. said Tuesday that they have signed an agreement to merge their operations on April 1, 2026.
   Hino and Mitsubishi Fuso will join forces for survival with the support of their respective parents, Toyota Motor Corp. and Daimler Truck AG, at a time when commercial vehicle makers are stepping up the development of electrification and self-driving technologies.

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