New holding firm for Toyota, Daimler truck units named Archion+

New holding firm for Toyota, Daimler truck units named Archion+

Mitsubishi Fuso Truck and Bus Corp. CEO Karl Deppen (C) and Hino Motors Ltd. President Satoshi Ogiso (L) hold a joint online press conference on Oct. 9, 2025, saying the new holding company following the planned merger in April 2026 of their companies, the truck units of Daimler Truck Holding AG and Toyota Motor Corp., will be named Archion Corp.

Press Conference on the Business Integration of Mitsubishi Fuso and Hino Motors

Press Conference on the Business Integration of Mitsubishi Fuso and Hino Motors

Mitsubishi Fuso and Hino Motors press conference on the business integration. Photo shows, from left, Tsuneji Sato, President and CEO, Toyota Motor Corporation; Satoshi Ogiso, President and CEO, Hino Motors; Carl Deppen, CEO of the new combined holding company and President and CEO, Mitsubishi Fuso Truck and Bus Corporation; and Karin Radstrom, CEO, Daimler Trucks.=June 10,2025,Tokyo

Press Conference on the Business Integration of Mitsubishi Fuso and Hino Motors

Press Conference on the Business Integration of Mitsubishi Fuso and Hino Motors

Mitsubishi Fuso and Hino Motors press conference on the business integration. Photo shows, from left, Tsuneji Sato, President and CEO, Toyota Motor Corporation; Satoshi Ogiso, President and CEO, Hino Motors; Carl Deppen, CEO of the new combined holding company and President and CEO, Mitsubishi Fuso Truck and Bus Corporation; and Karin Radstrom, CEO, Daimler Trucks.=June 10,2025,Tokyo

Toyota, Daimler ink Japanese truck units merger deal

Toyota, Daimler ink Japanese truck units merger deal

Mitsubishi Fuso Truck and Bus Corp. President Karl Deppen speaks at a press conference in Tokyo on June 10, 2025. Toyota Motor Corp. and Daimler Truck Holding AG said they concluded an agreement to merge their Japanese truck subsidiaries, Hino Motors Ltd and Mitsubishi Fuso Truck, respectively under a new holding company.

Toyota, Daimler ink Japanese truck units merger deal

Toyota, Daimler ink Japanese truck units merger deal

Hino Motors Ltd. President Satoshi Ogiso speaks at a press conference in Tokyo on June 10, 2025. Toyota Motor Corp. and Daimler Truck Holding AG said they concluded an agreement to merge their Japanese truck subsidiaries, Hino and Mitsubishi Fuso Truck and Bus Corp., respectively under a new holding company.

Toyota, Daimler ink Japanese truck units merger deal

Toyota, Daimler ink Japanese truck units merger deal

(From L) Toyota Motor Corp. President Koji Sato, Hino Motors Ltd. President Satoshi Ogiso, Mitsubishi Fuso Truck and Bus Corp. President Karl Deppen and Daimler Truck Holding AG CEO Karin Radstrom hold a press conference in Tokyo on June 10, 2025. Toyota and Daimler said they concluded an agreement to merge their Japanese truck subsidiaries, Hino and Mitsubishi Fuso Truck, respectively under a new holding company.

Toyota, Daimler ink Japanese truck units merger deal

Toyota, Daimler ink Japanese truck units merger deal

(From L) Toyota Motor Corp. President Koji Sato, Hino Motors Ltd. President Satoshi Ogiso, Mitsubishi Fuso Truck and Bus Corp. President Karl Deppen and Daimler Truck Holding AG CEO Karin Radstrom pose for a photo during a press conference in Tokyo on June 10, 2025. Toyota and Daimler said they concluded an agreement to merge their Japanese truck subsidiaries, Hino and Mitsubishi Fuso Truck, respectively under a new holding company.

Toyota, Daimler ink Japanese truck units merger deal

Toyota, Daimler ink Japanese truck units merger deal

(From L) Toyota Motor Corp. President Koji Sato, Hino Motors Ltd. President Satoshi Ogiso, Mitsubishi Fuso Truck and Bus Corp. President Karl Deppen and Daimler Truck Holding AG CEO Karin Radstrom pose for a photo during a press conference in Tokyo on June 10, 2025. Toyota and Daimler said they concluded an agreement to merge their Japanese truck subsidiaries, Hino and Mitsubishi Fuso Truck, respectively under a new holding company.

Toyota, Daimler ink Japanese truck units merger deal

Toyota, Daimler ink Japanese truck units merger deal

(From L) Toyota Motor Corp. President Koji Sato, Hino Motors Ltd. President Satoshi Ogiso, Mitsubishi Fuso Truck and Bus Corp. President Karl Deppen and Daimler Truck Holding AG CEO Karin Radstrom pose for a photo during a press conference in Tokyo on June 10, 2025. Toyota and Daimler said they concluded an agreement to merge their Japanese truck subsidiaries, Hino and Mitsubishi Fuso Truck, respectively under a new holding company.

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

France's President Emmanuel Macron holds the model of a bus, during his visit to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

France's President Emmanuel Macron holds the model of a bus, during his visit to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

France's President Emmanuel Macron holds the model of a bus, during his visit to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

France's President Emmanuel Macron holds the model of a bus, during his visit to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The visit of the President of the French Republic, Emmanuel Macron, to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit. k on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The visit of the President of the French Republic, Emmanuel Macron, to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit. k on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The visit of the President of the French Republic, Emmanuel Macron, to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit. k on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

France's President Emmanuel Macron with the CEO of Daimler Buses Till Oberworder (R) and the CEO of Daimler Truck Karin Radstrom (L). The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The visit of the President of the French Republic, Emmanuel Macron, to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit. k on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

France's President Emmanuel Macron with the CEO of Daimler Buses Till Oberworder (R) and the CEO of Daimler Truck Karin Radstrom (L). The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

President Emmanuel Macron (C), CEO of Daimler Truck Karin Radstrom (L) and CEO of Daimler Buses Till Oberworder (2ndL), during the presidential visit to the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

The President of the French Republic, Emmanuel Macron, visited the Mercedes Benz and Setra bus and coach production site of Daimler Buses, the French subsidiary of the German Daimler Truck Group, ahead of the eighth edition of the Choose France Summit, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM

President Macron at the Daimler Buses Site - Meuse

President Macron at the Daimler Buses Site - Meuse

Production site for Mercedes Benz and Setra buses and coaches for Daimler Buses, the French subsidiary of the German Daimler Truck Group, on May, 19, 2025 in in Ligny-en-Barrois, north-eastern France. Photo by Fred Marvaux/Pool/ABACAPRESS.COM