# Daimler Truck, Toyota conclude agreements to integrate Mitsubishi Fuso and Hino Motors

Daimler Truck, Mitsubishi Fuso, Hino and Toyota concluded definitive agreements to integrate Mitsubishi Fuso and Hino on an equal footing into a new listed holding company, with Daimler Truck and Toyota each aiming to own 25%. The new company is expected to start operations in April 2026.

- Type: Acquisition
- Announced: 2025-06-10
- Where: Tokyo, Japan
- Status: announced
- Products: commercial vehicles, trucks, buses
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyota Motor](https://endata.com/companies/962.md) (investor)
- [Hino Motors](https://endata.com/companies/24248.md) (target)
- [Daimler Truck AG](https://endata.com/companies/26930.md) (investor)
- [Mitsubishi Fuso Truck and Bus Corporation](https://endata.com/companies/85242.md) (target)

## Sources

- [global.toyota](https://global.toyota/en/newsroom/corporate/42912472.html), 2025-06-10: "Daimler Truck and Toyota Motor Corporation pleased to announce conclusion of Definitive Agreements to integrate Mitsubishi Fuso and Hino on equal footing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.