News Formal

DAVID FURLONGER: Hino, Fuso merger won’t stop truck brands competing

  • 📰 FinancialMail
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Sverige Nyheter Nyheter

The planned merger between the Japanese brands won’t rob you of choice, they say.

Are you a Hino truck operator? Or do you swear by Fuso? Fear not, says Toyota South Africa sales and marketing senior vice-president Leon Theron. The planned merger between the Japanese brands won’t rob you of choice. The two may benefit from shared costs and joint research & development, but they will continue to be marketed separately and in competition with each other.

Hino Motors is owned by Toyota and Mitsubishi Fuso Truck & Bus by Daimler Truck. The two parents and their subsidiaries recently signed a memorandum of understanding to merge Hino and Fuso into one company. They hope to sign a formal agreement by March 2024 and complete the integration by the end of the same year. ..

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 20. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

DAVID FURLONGER: Hino, Fuso merger won’t stop truck brands competingThe planned merger between the Japanese brands won’t rob you of choice, they say
Källa: FinancialMail - 🏆 20. / 63 Läs mer »

DAVID FURLONGER: Hino, Fuso merger won’t stop truck brands competingThe planned merger between the Japanese brands won’t rob you of choice, they say
Källa: FinancialMail - 🏆 20. / 63 Läs mer »