Toyota and Daimler Truck will form a holding company as Hino and MFTBC will merge their businesses
May 30, 2023, Tokyo, Japan - Daimler's subsidiary MFTBC (Mitsubishi Fuso) CEO Karl Depper announces Toyota's subsidiary Hino Motors 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)