Hino Motors, Mitsubishi Fuso to merge in 2026 integration

Hino Motors (TSE:7205) has formally executed a business integration agreement with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Toyota Motor Corporation, and Daimler Truck AG, setting the stage for a comprehensive operational merger by April 1, 2026. The integration, initially outlined in a memorandum of understanding in May 2023, aims to enhance the competitiveness of Japanese truck manufacturers amid challenges such as carbon neutrality and efficient logistics.