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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Fukushima high school takes students to Tokyo

Fukushima high school takes students to Tokyo

TOKYO, Japan - High school students from Fukushima Prefecture watch an assembly process for trucks at a plant of Hino Motors Ltd. in Hino, western Japan, on June 21, 2011. Odaka Industrial High School in the city of Minamisoma took about 150 third-year students to Tokyo for a three-day tour of companies in the capital region to help them find jobs amid a lack of local offers due to the nuclear crisis at the Fukushima Daiichi power station.

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Hino Motors starts truck production in California

Hino Motors starts truck production in California

LOS ANGELES, United States - Hino Motors Ltd. Chairman Tadaaki Jagawa (standing at center) speaks during a ceremony marking the start of its production of trucks in Ontario, California, on Oct. 19. The plant, built in the suburbs of Los Angeles by Hino's wholly owned subsidiary Hino Motors Manufacturing USA Inc., is the first truck production base for a Japanese company in North America.

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Hino Motors starts truck production in California

Hino Motors starts truck production in California

LOS ANGELES, United States - Hino Motors Ltd. Chairman Tadaaki Jagawa (standing at center) speaks during a ceremony marking the start of its production of trucks in Ontario, California, on Oct. 19. The plant, built in the suburbs of Los Angeles by Hino's wholly owned subsidiary Hino Motors Manufacturing USA Inc., is the first truck production base for a Japanese company in North America. (Kyodo)

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Toyota, Isuzu to take stake in each other to co-develop new vehicles

Toyota, Isuzu to take stake in each other to co-develop new vehicles

Toyota Motor Corp. President Akio Toyoda (L) and Isuzu Motors Ltd. President Masanori Katayama attend a press conference in Tokyo on March 24, 2021. Toyota and Isuzu will take a stake in each other to jointly develop next-generation small-sized commercial vehicles with Hino Motors Ltd.

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Toyota, Isuzu to take stake in each other to co-develop new vehicles

Toyota, Isuzu to take stake in each other to co-develop new vehicles

(From L) Hino Motors Ltd. President Yoshio Shimo, Toyota Motor Corp. President Akio Toyoda and Isuzu Motors Ltd. President Masanori Katayama attend a press conference in Tokyo on March 24, 2021. Toyota and Isuzu will take a stake in each other to jointly develop next-generation small-sized commercial vehicles with Hino.

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Toyota, Isuzu to take stake in each other to co-develop new vehicles

Toyota, Isuzu to take stake in each other to co-develop new vehicles

(From L) Hino Motors Ltd. President Yoshio Shimo, Toyota Motor Corp. President Akio Toyoda and Isuzu Motors Ltd. President Masanori Katayama attend a press conference in Tokyo on March 24, 2021. Toyota and Isuzu will take a stake in each other to jointly develop next-generation small-sized commercial vehicles with Hino.

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Toyota, Isuzu to take stake in each other to co-develop new vehicles

Toyota, Isuzu to take stake in each other to co-develop new vehicles

(From L) Hino Motors Ltd. President Yoshio Shimo, Toyota Motor Corp. President Akio Toyoda and Isuzu Motors Ltd. President Masanori Katayama attend a press conference in Tokyo on March 24, 2021. Toyota and Isuzu will take a stake in each other to jointly develop next-generation small-sized commercial vehicles with Hino.

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Hino, Volkswagen Truck to tie up in commercial vehicles

Hino, Volkswagen Truck to tie up in commercial vehicles

Hino Motors Ltd. President Yoshio Shimo (L) and Volkswagen Truck & Bus GmbH CEO Andreas Renschler shake hands during a press conference in Tokyo on April 12, 2018, after the two companies agreed to form a strategic commercial vehicle alliance. (Kyodo) ==Kyodo

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Hino, Volkswagen Truck to tie up in commercial vehicles

Hino, Volkswagen Truck to tie up in commercial vehicles

Hino Motors Ltd. President Yoshio Shimo (L) and Volkswagen Truck & Bus GmbH CEO Andreas Renschler hold a press conference in Tokyo on April 12, 2018, after the two companies agreed to form a strategic commercial vehicle alliance. (Kyodo) ==Kyodo

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Hino, Volkswagen Truck to tie up in commercial vehicles

Hino, Volkswagen Truck to tie up in commercial vehicles

Hino Motors Ltd. President Yoshio Shimo (L) and Volkswagen Truck & Bus GmbH CEO Andreas Renschler hold a press conference in Tokyo on April 12, 2018, after the two companies agreed to form a strategic commercial vehicle alliance. (Kyodo) ==Kyodo

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Hino, Volkswagen Truck to tie up in commercial vehicles

Hino, Volkswagen Truck to tie up in commercial vehicles

Hino Motors Ltd. President Yoshio Shimo (L) and Volkswagen Truck & Bus GmbH CEO Andreas Renschler shake hands during a press conference in Tokyo on April 12, 2018, after the two companies agreed to form a strategic commercial vehicle alliance. (Kyodo) ==Kyodo

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Hino, Volkswagen Truck to tie up in commercial vehicles

Hino, Volkswagen Truck to tie up in commercial vehicles

Hino Motors Ltd. President Yoshio Shimo (L) and Volkswagen Truck & Bus GmbH CEO Andreas Renschler hold a press conference in Tokyo on April 12, 2018, after the two companies agreed to form a strategic commercial vehicle alliance. (Kyodo) ==Kyodo

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Poll to shed light on negative side of Koizumi labor reform

Poll to shed light on negative side of Koizumi labor reform

TOKYO, Japan - Hiroyuki Sato, 33, former temp worker for Hino Motors Ltd. speaks about his plight in a Tokyo rally held on July 31 in the run-up to the Aug. 30 general election to convey messages of the poor to politicians. (Kyodo)

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Fukushima high school takes students to Tokyo

Fukushima high school takes students to Tokyo

TOKYO, Japan - High school students from Fukushima Prefecture watch an assembly process for trucks at a plant of Hino Motors Ltd. in Hino, western Japan, on June 21, 2011. Odaka Industrial High School in the city of Minamisoma took about 150 third-year students to Tokyo for a three-day tour of companies in the capital region to help them find jobs amid a lack of local offers due to the nuclear crisis at the Fukushima Daiichi power station. (Kyodo)

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Tokyo Motor Show

Tokyo Motor Show

Hino Motors Ltd. unveils the FlatFormer concept car at the Tokyo Motor Show on Oct. 23, 2019. (Kyodo) ==Kyodo

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Hino Motors' new safety system

Hino Motors' new safety system

Photo taken in Hamura, Tokyo, on June 14, 2019, shows a camera installed on Hino Motors Ltd.'s S'elega tourist bus that can detect abnormality in a driver's behavior, such as the result of a seizure, and allow the vehicle to automatically stop. (Kyodo) ==Kyodo

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Hino Motors' new safety system

Hino Motors' new safety system

Photo taken in Hamura, Tokyo, on June 14, 2019, shows Hino Motors Ltd.'s S'elega tourist bus equipped with a system that can enable emergency stops to be automatically made if the driver is incapable of driving, for example after having a seizure. (Kyodo) ==Kyodo

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Monet self-driving venture

Monet self-driving venture

Akio Toyoda (R), president of Toyota Motor Corp., a major shareholder of Monet Technologies Inc., speaks at an event in Tokyo on March 28, 2019, alongside Junichi Miyakawa, president of the autonomous vehicle venture. Monet announced the same day that it will receive investment from Honda Motor Co. and Hino Motors Ltd. (Kyodo) ==Kyodo

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Monet self-driving venture

Monet self-driving venture

Monet Technologies Inc. President Junichi Miyakawa speaks at an event in Tokyo on March 28, 2019, announcing that the autonomous vehicle venture will receive investment from Honda Motor Co. and Hino Motors Ltd. (Kyodo) ==Kyodo

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Hino Motors to seek alliances with overseas firms in self-driving

Hino Motors to seek alliances with overseas firms in self-driving

Hino Motors Ltd. President Yoshio Shimo gives an interview in Tokyo on July 5, 2017. The truck maker will seek partnerships with overseas firms to further develop self-driving and other advanced technologies, as part of efforts to address a driver shortage in parcel delivery services in Japan, he said. (Kyodo) ==Kyodo

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Toyota fills Daihatsu, Hino senior positions to strengthen group ties

Toyota fills Daihatsu, Hino senior positions to strengthen group ties

Yoshio Shimo, managing officer of Toyota Motor Corp., seen in this file photo, will become the president of Hino Motors Ltd., Toyota representatives said on March 1, 2017. (Kyodo) ==Kyodo

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(1)Hino Motors Ltd.

(1)Hino Motors Ltd.

TOKYO, Japan - File photo of Shoji Kondo, president of Hino Motors Ltd. The photo was taken April 27, 2004. (Kyodo)

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(2)Hino Motors Ltd.

(2)Hino Motors Ltd.

TOKYO, Japan - Tadaaki Jagawa, a former president of Hino Motors Ltd., stands besides the large-size truck "Hino Profia." The photo was taken Oct. 8 2003. (Kyodo)

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(3)Hino Motors Ltd.

(3)Hino Motors Ltd.

TOKYO, Japan - Hino Motors Ltd.'s "Dutro" emits 85% less particulate matters than the amount allowed under the existing regulations. The photo was taken Aug. 20 2003. (Kyodo)

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(4)Hino Motors Ltd.

(4)Hino Motors Ltd.

TOKYO, Japan - Hino Motors Ltd. introduces the large-size bus "FCHV-BUS2" powered by fuel battery. The bus was co-developed with Toyota Motor Corp. The photo was taken Sept. 27, 2002. (Kyodo)

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Toyota to raise stake in Hino Motors

Toyota to raise stake in Hino Motors

TOKYO, Japan - Ryuji Araki (L), managing director of Toyota Motor Corp., and Hiroshi Yuasa (R), president of Hino Motors Ltd., speak at a news conference March 10 on an agreement to raise Toyota's stake in Hino to 33.8% from the current 20.1%. The deal gives Japan's No. 1 automaker a controlling stake in the country's largest truck maker.

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