Hino Motors and Mitsubishi Fuso to merge production operations in Japan
Yahoo Financeยท2025-10-10 15:42
Hino Motors, a truck unit of Toyota Motor, alongside Daimler Truck subsidiary Mitsubishi Fuso Truck and Bus, have outlined plans to consolidate their production facilities in Japan. The move is a preparatory step towards their planned merger and the formation of a new holding company, Archion. The consolidation process will reduce the number of domestic truck production sites from five to three, with operations focusing on the Kawasaki Plant in Kanagawa Prefecture, the Koga Plant in Ibaraki Prefecture, a ...