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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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Mitsubishi new wagon

Mitsubishi Motors Corp. unveils its new eK Space wagon to the press in Tokyo on Sept. 18, 2025.

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Mitsubishi new minivehicle

Mitsubishi Motors Corp. unveils its new Delica Mini minivehicle to the press in Tokyo on Sept. 18, 2025.

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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

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

(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

(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

(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

(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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Nissan, Honda, Mitsubishi automakers' joint press conference

TOKYO, Japan, Dec. 23 Kyodo - Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- pose for photos after attending a joint press conference in Tokyo on Dec. 23, 2024. (Kyodo)

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Combined photo shows the presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- attending a joint press conference in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

Nissan Motor Co. President Makoto Uchida attends a joint press conference with presidents of Honda Motor Co. and Mitsubishi Motors Corp. in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

Mitsubishi Motors Corp. President Takao Kato attends a joint press conference with presidents of Nissan Motor Co. and Honda Motor Co. in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

Honda Motor Co. President Toshihiro Mibe attends a joint press conference with presidents of Nissan Motor Co. and Mitsubishi Motors Corp. in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Nissan Motor Co. President Makoto Uchida and Honda Motor Co. President Toshihiro Mibe attend a joint press conference with Mitsubishi Motors Corp. in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- pose for photos after attending a joint press conference in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- pose for photos after attending a joint press conference in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- attend a joint press conference in Tokyo on Dec. 23, 2024.

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Three major Japanese automakers' logos

Combined file photo shows the logos of Honda Motor Co., Nissan Motor Co. and Mitsubishi Motors Corp., three major Japanese automakers. Honda and Nissan said on Dec. 23, 2024, that they have agreed to begin talks on a merger, while Mitsubishi, Nissan's partner, will decide by the end of January 2025 whether to join the merger.

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- attend a joint press conference in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- attend a joint press conference in Tokyo on Dec. 23, 2024.

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Nissan, Honda, Mitsubishi automakers' joint press conference

(From L) Presidents of Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- Makoto Uchida, Toshihiro Mibe and Takao Kato -- attend a joint press conference in Tokyo on Dec. 23, 2024.

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Mitsubishi Motors President Kato at ceremony in Vietnam

Mitsubishi Motors Corp. President Takao Kato speaks at a ceremony in Ho Chi Minh City on Oct. 8, 2024, commemorating the 30th anniversary of the launch of the Japanese automaker's business in Vietnam.

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Mitsubishi Motors to join Nissan-Honda alliance for EV development

TOKYO, Japan, Aug. 1 Kyodo - Nissan Motor Co. President Makoto Uchida and Honda Motor Co. President Toshihiro Mibe attend a joint press conference in Tokyo on Aug. 1, 2024, to announce that Mitsubishi Motors Corp. will join a strategic partnership formed between the two carmakers to develop electric vehicles in a bid to catch up with powerful overseas rivals. (Kyodo)

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Mitsubishi Motors to join Nissan-Honda alliance for EV development

Nissan Motor Co. President Makoto Uchida (L) and Honda Motor Co. President Toshihiro Mibe shake hands after they held a joint press conference in Tokyo on Aug. 1, 2024, to announce that Mitsubishi Motors Corp. will join a strategic partnership formed between the two carmakers to develop electric vehicles in a bid to catch up with powerful overseas rivals.

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Mitsubishi Motors to join Nissan-Honda alliance for EV development

Nissan Motor Co. President Makoto Uchida (L) and Honda Motor Co. President Toshihiro Mibe attend a joint press conference in Tokyo on Aug. 1, 2024, to announce that Mitsubishi Motors Corp. will join a strategic partnership formed between the two carmakers to develop electric vehicles in a bid to catch up with powerful overseas rivals.

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Mitsubishi Motors to join Nissan-Honda alliance for EV development

Nissan Motor Co. President Makoto Uchida (L) and Honda Motor Co. President Toshihiro Mibe attend a joint press conference in Tokyo on Aug. 1, 2024, to announce that Mitsubishi Motors Corp. will join a strategic partnership formed between the two carmakers to develop electric vehicles in a bid to catch up with powerful overseas rivals.

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Mitsubishi Motors to join Nissan-Honda alliance for EV development

Nissan Motor Co. President Makoto Uchida (L) and Honda Motor Co. President Toshihiro Mibe attend a joint press conference in Tokyo on Aug. 1, 2024, to announce that Mitsubishi Motors Corp. will join a strategic partnership formed between the two carmakers to develop electric vehicles in a bid to catch up with powerful overseas rivals.

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Mitsubishi Motors President Kato

Mitsubishi Motors Corp. President and CEO Takao Kato speaks at a press conference in Tokyo on March 10, 2023.

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Auto show in Indonesia

Mitsubishi Motors Corp. President Takao Kato unveils a new Xforce compact sport utility vehicle at the Indonesia International Motor Show in the suburbs of Jakarta on Aug. 10, 2023.

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Auto show in Indonesia

Mitsubishi Motors Corp. President Takao Kato unveils a new Xforce compact sport utility vehicle at the Indonesia International Motor Show in the suburbs of Jakarta on Aug. 10, 2023.

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Mitsubishi Motors new president

TOKYO, Japan - Photo shows Mitsubishi Motors Corp. Managing Director Tetsuro Aikawa. The automaker plans to promote Aikawa to president on April 1, 2014, replacing Osamu Masuko, company sources said Jan. 31.

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Motor show begins in Frankfurt

FRANKFURT, Germany - Mitsubishi Motors Corp. unveiled a sport utility vehicle equipped with a diesel engine that meets Europe's new emissions regulations at a motor show in Frankfurt that began on Sept. 11. Automakers from more than 40 countries exhibit their newest, eco-friendly cars.

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M'bishi Motors net profit surges 30% in April-Sept.

TOKYO, Japan - Mitsubishi Motors Corp. Chairman Osamu Masuko attends a press conference in Tokyo, Japan, on Oct. 29, 2014. The company said while its group net profit for the April-September period surged 30.3 percent from a year earlier to 60.89 billion yen thanks to cost-cutting efforts and the yen's depreciation, it was downgrading its sales forecast for the entire fiscal 2014 to 2.18 trillion yen from the previously projected 2.3 trillion yen.

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M'bishi Motors' production line at Okazaki plant

NAGOYA, Japan - Mitsubishi Motors Corp. shows the press a production line equipped with the latest technology at its plant in Okazaki, Aichi Prefecture, on June 16, 2014.

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Mitsubishi Motors to end production of Lancer Evolution

TOKYO, Japan - Mitsubishi Motors Corp. announces on March 28, 2014, that it will discontinue the production of its Lancer Evolution sporty sedan due to sagging sales. First put on sale in 1992, the model has sold a total of 154,000 cars worldwide.

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Mitsubishi eK Space

TOKYO, Japan - Mitsubishi Motors Corp. unveils the eK Space minivehicle, jointly developed with Nissan Motor Co., in Tokyo on Feb. 13, 2014. Nissan calls the vehicle the Dayz Roox.

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Nissan's new minicar

TOKYO, Japan - Takao Katagiri, executive vice president of Nissan Motor Co., stands by the Dayz Roox in Yokohama near Tokyo on Feb. 13, 2014. Nissan Motor Co. launched the new minicar in Japan that day. It is the second minicar that Nissan has developed jointly with Mitsubishi Motors Corp.

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Nissan's new minicar

TOKYO, Japan - Photo taken in Yokohama near Tokyo on Feb. 13, 2014, shows the Dayz Roox, a new minicar that Nissan Motor Co. launched in Japan that day. It is the second minicar that Nissan has developed jointly with Mitsubishi Motors Corp.

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Mitsubishi Motors announces public offering

TOKYO, Japan - Osamu Masuko, president of Mitsubishi Motors Corp., speaks at a press conference in Tokyo on Nov. 6, 2013, at which he announced the company will raise up to 210 billion yen in a public offering as part of efforts to revitalize its business.

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Mitsubishi Motors announces public offering

TOKYO, Japan - Osamu Masuko, president of Mitsubishi Motors Corp., speaks at a press conference in Tokyo on Nov. 6, 2013, at which he announced the company will raise up to 210 billion yen in a public offering as part of efforts to revitalize its businesses.

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Nissan Dayz Roox

TOKYO, Japan - Photo shows an image of Nissan Motor Co.'s Dayz Roox unveiled by Nissan and Mitsubishi Motors Corp. on Oct. 3, 2013. The two automakers developed the second passenger minicar model under their joint venture scheme. Mitsubishi will sell it as "eK Space."

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Mitsubishi eK Space

TOKYO, Japan - Photo shows an image of Mitsubishi Motors Corp.'s eK Space unveiled by Mitsubishi and Nissan Motor Co. on Oct. 3, 2013. The two automakers developed the second passenger minicar model under their joint venture scheme. Nissan will sell it as "Dayz Roox."

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4 automakers to jointly promote EV charging infrastructure

TOKYO, Japan - At a press conference in Tokyo on July 29, 2013, representatives of four Japanese automakers -- Toyota Motor Corp., Nissan Motor Co., Honda Motor Co. and Mitsubishi Motors Corp. -- announce a plan to jointly promote the installation of chargers for electric-powered vehicles.

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Battery change

TOKYO, Japan - Mitsubishi Motors Corp. shows reporters the work to change the lithium-ion battery of the Outlander PHEV plug-in hybrid sport-utility vehicle at its plant in Okazaki, Aichi Prefecture, on July 8, 2013. MMC reported to the transport ministry in June 2013 that it is recalling 4,313 units of the vehicle made between January and March 2013 due to a lithium-ion battery malfunction.

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Nissan, M'bishi Motors jointly develop minicar

TOKYO, Japan - Toshiyuki Shiga, chief operating officer of Nissan Motor Co., stands beside the company's DAYZ, a minivehicle jointly developed by Nissan and Mitsubishi Motors Corp., in Tokyo on June 6, 2013. The two automakers started selling the new vehicle the same day in Japan under the brand name of DAYZ by Nissan and eK Wagon by Mitsubishi Motors.

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Nissan, M'bishi Motors jointly develop minicar

TOKYO, Japan - Photo taken in Tokyo on June 6, 2013, shows Nissan Motor Co.'s DAYZ, a minivehicle jointly developed by Nissan and Mitsubishi Motors Corp. The two automakers started selling the new vehicle the same day in Japan under the brand name of DAYZ by Nissan and eK Wagon by Mitsubishi Motors.

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Nissan, M'bishi start manufacturing jointly developed minicar

KURASHIKI, Japan - Toshiyuki Shiga (L), chief operating officer of Nissan Motor Co., and Osamu Masuko, president of Mitsubishi Motors Corp., shake hands during a press conference in Kurashiki, Okayama Prefecture, on May 20, 2013. The two automakers started manufacturing the same day a jointly developed minivehicle that will be introduced on June 6 across Japan.

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Mitsubishi Motors to trim domestic production

OSAKA, Japan - Photo from a Kyodo News helicopter shows Mitsubishi Motors Corp.'s Mizushima plant in Kurashiki, Okayama Prefecture, western Japan, on April 22, 2013. The automaker said the same day it will trim its annual domestic production capacity by around 20 percent, consolidating four production lines at the main factory into two around December 2013.

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Mitsubishi Motors to trim domestic production

OSAKA, Japan - Photo from a Kyodo News helicopter shows Mitsubishi Motors Corp.'s Mizushima plant in Kurashiki, Okayama Prefecture, western Japan, on April 22, 2013. The automaker said the same day it will trim its annual domestic production capacity by around 20 percent, consolidating four production lines at the main factory into two around December 2013.