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Daimler Truck and Toyota Form ARCHION Holdings
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3 Articles
‘Archion’ Announced As New Holding Company As Daimler Truck And Toyota Finalise FUSO–Hino Merger
After nearly two years of planning and regulatory delays, Daimler Truck and Toyota Motor Corporation have officially revealed the name of the new joint holding company that will oversee the integration of Mitsubishi Fuso and Hino Motors. The new company will be called Archion, marking the start of a new era in Japan’s commercial vehicle industry. Originally announced as a partnership in May 2023, the merger aims to improve operational efficiency…
Above: Fuso Shogun and Hino 700, versions for Australia. The plan announced this spring has officially come to fruition. Daimler Truck and Toyota Motor Company are launching their Asian merger, officially unveiling the name and logo of the new company. In the case of the German Daimler Truck group, known primarily for Mercedes trucks, the merger involves its Japanese brand, Fuso. Meanwhile, in the case of the Japanese Toyota group, primarily ass…
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