🇯🇵 Toyota and Daimler merge their Japanese truck divisions

Toyota Motor Corporation and Daimler Truck AG have officially completed the merger of their Japanese divisions — Hino Motors and Mitsubishi Fuso Truck and Bus Corporation — forming a new holding company that is planned to be listed on the Tokyo Stock Exchange by April 2026.

🔧 Goals and benefits of the merger

Increased efficiency. The companies plan to optimize research and development costs, consolidate component procurement, and standardize truck production.

Strengthening technological leadership. The merger will help accelerate the introduction of electrification and hydrogen technologies, which is important in the context of tightening environmental regulations.

Global scale. The combined structure will employ more than 40,000 people and create a powerful Japanese holding company in the commercial transport sector.

📈 Important details of the deal

Owners: Toyota and Daimler will each receive a 25% stake in the new holding company, with the remaining shares floating and available to investors.

Head of the new holding company: The CEO position will be filled by the current head of Mitsubishi Fuso, Karl Deppen.

Listing: The holding company intends to enter the main market of the Tokyo Stock Exchange in the first half of 2026.

🌍 A step into the future of transportation

The merger of Hino and Mitsubishi Fuso under the auspices of Toyota and Daimler is a strategic response to market challenges: technological changes, cost reduction, and the transition to environmentally friendly solutions in freight transportation.

It also reflects a global trend in the automotive industry — the pooling of resources to accelerate innovation and strengthen competitiveness in the global market.

The merger of Japan's two leading truck manufacturers not only creates a powerful player with global potential, but also opens up new opportunities for the development of environmentally friendly technologies and the optimization of production chains. The new structure is expected to be successfully listed on the Tokyo Stock Exchange by 2026 and become an example of a successful industry consolidation.