Hino Motors, a subsidiary of Japan's Toyota Motor Corporation, and Mitsubishi Fuso Truck and Bus Company, a subsidiary of Germany's Daimler Trucks Company, announced on the 10th that they have reached a final agreement on a business merger. The four companies hope to improve their competitiveness in the fields of R&D, procurement, and production through business mergers.

Hino Motors, a subsidiary of Japan's Toyota Motor Corporation, and Mitsubishi Fuso Truck and Bus Company, a subsidiary of Germany's Daimler Trucks Company, announced on the 10th that they have reached a final agreement on a business merger. The four companies hope to improve their competitiveness in the fields of R&D, procurement, and production through business mergers.