Toyota & Daimler Merging Hino & Mitsubishi Fuso Truck Brands
On Tuesday, Toyota Motor Corp. confirmed plans to merge its truck-making subsidiary Hino Motors with the rival Mitsubishi Fuso that’s owned by Daimler AG.
If you’re confused by the news, Mitsubishi only has a minority stake in the Fuso brand with Germany’s Daimler having owned 89 percent of the whole since the early 2000s. Meanwhile, Hino Motors has been wholly owned by Toyota Motor Corp. since 2001 and enjoyed a working partnership with Japan’s largest automaker since the 1960s.
Rare Rides Icons: Daimler's Flagship Cars and the DS420 Limousine, Elder Statesman
Welcome to Rare Rides Icons, a spinoff of Rare Rides where we take a more in-depth look at those particularly interesting cars throughout history. Today’s large and luxurious Icon is the first time we present a Daimler in this series. The DS420 was the flagship of the brand; a car for heads of state. And in fact over 50 years after its introduction, it’s still in use as an official state limousine in several nations.
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