Daimler Truck and Toyota Motor Corporation have finalized an agreement to integrate Mitsubishi Fuso and Hino Motors as equal partners in a new holding company headquartered in Tokyo. The aim is to enhance operational efficiency, especially in the ongoing electrification efforts of both product portfolios. The collaboration will see the formation of a new company overseeing the merger, with both brands under one roof and a clear emphasis on developing CASE technologies including hydrogen. The holding company will have full ownership of Mitsubishi Fuso and Hino, with Daimler Truck and Toyota each retaining a 25% stake. The merger, set to begin operations in April 2026 pending necessary approvals, looks to address challenges of carbon neutrality and logistics efficiency in the commercial vehicle sector. Both companies express optimism about leveraging their strengths to support customers' transportation needs and drive decarbonization efforts. The partnership highlights the importance of scale in the technological transformation of the automotive industry and focuses on sustainability and innovation in the development of future commercial vehicles.