Mitsubishi Fuso to merge with Hino Motors.

Mitsubishi Fuso, a subsidiary of Daimler Truck, agreed to merge with Hino Motors, a subsidiary of Toyota Motor Corporation. Financial terms were not disclosed. Commercial vehicles support daily life through the movement of people and goods and are an important form of mobility that can be considered "social infrastructure". With this collaboration, the four companies have been seeking a meaningful way to create the future of commercial vehicles. Based on the common desire to "contribute to an affluent society through mobility", the four companies are proceeding with their collaboration and are now pleased to announce the exciting next stage.