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Toyota Motor Corp. and Daimler Truck have signed a basic agreement to merge their truck subsidiaries, Hino Motors and Mitsubishi Fuso, into a single company to accelerate development of advanced technologies.
Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corporation signed a Memorandum of Understanding to accelerate development of advanced technologies and to merge Mitsubishi Fuso and Hino Motors.