Toyota and Daimler Truck will form a holding company as Hino and MFTBC will merge their businesses
May 30, 2023, Tokyo, Japan - (L-R) Japan's Hino Motors CEO Satoshi Ogiso, Toyota Motor CEO Koji Sato, Germany's Daimler Truck CEO Martin Daum and Daimler's subsidiary MFTBC (Mitsubishi Fuso) CEO Karl Depper pose for photo as they announced Hino and MFTBC will merge their businesses and Toyota and Daimler Truck will form a holding company at a press conference in Tokyo on Tuesday, May 30, 2023. (photo by Yoshio Tsunoda/AFLO)