On July 8, Daimler Truck announced its updated Group strategy called “Stronger 2030” at the Capital Market Day 2025.
The strategy is built on the following five key pillars to increase profitability and resilience:
The Group is focusing on economies of scale, shown by the planned merger of Mitsubishi Fuso and Hino.In

Announced on June 20, 2025, the 32nd Gaikindo Indonesia International Auto Show (GIIAS), organized by the Association of Indonesia Automotive Industries (Gaikindo), will take place from July 24 to August 3 at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang.
From hybrids and electric vehicles to the lat

Announced on June 19, 2025, the Association of Indonesia Automotive Industries (GAIKINDO)’s recently released data outlined the export performance of completely built-up (CBU) vehicles from Indonesia by brand for the first 5 months of 2025. 
Toyota led the export segment with 66,543 vehicles, followed by Daihatsu wit

On June 16, Hexagon Purus signed a long-term agreement with Hino Trucks for the production and supply of Class 6 and 7 battery electric straight trucks for the US market. The vehicles will be based on Hino’s chassis and upfitted with Hexagon Purus’ proprietary zero-emission technology, including battery systems, auxi

On June 10, Hino Motors, Ltd. announced that it will issue new shares through a third-party allotment to its parent company, Toyota Motor Corporation, as part of the business integration between the company and Mitsubishi Fuso Truck and Bus Corporation. The company will raise a total of JPY 200 billion by issuing com

On June 10, Hino Motors announced that it has entered into an agreement with Toyota Motor to transfer Hino's Hamura Plant to Toyota. Hino also announced business integration of Hino and Mitsubishi Fuso and will facilitate optimal role-sharing between Toyota and Hino. Hino intends to increase operational efficiency an

On June 10, Mitsubishi Fuso Truck and Bus Corporation and Hino Motors Ltd announced to integrate their business on equal footing to cooperate in the areas of commercial vehicle development, procurement, and production. Mitsubishi Fuso's parent company Daimler Truck and Hino's parent company Toyota presided and jointl

On May 8, 2025, Toyota announced its consolidated sales revenues for the fiscal year ended March 31, 2025 (April 1, 2024 through March 31, 2025) increased by 6.5% year-on-year to JPY 48,036.7 billion. Operating income decreased by 10.4% year-on-year (YoY) to JPY 4,795.6 billion, while net income attributable to Toyot

On April 23, at the Auto Shanghai 2025, GAC Commercial Vehicle exhibited a matrix of fully in-house developed technologies and a lineup of forward-looking products and held the global debut of the GAC Pickup 01 concept pickup truck.
With the design concepts of “all-domain technology aesthetics, all-domain adaptabilit

Hino's FY2024 full-year financial results were announced.
Sales increased 11.9% YoY to JPY 1,697.2 billion. This was a JPY 181.0 billion increase over the previous year's JPY 1,516.3 billion.
Operating income was JPY 57.5 billion. While the previous year saw an operating loss of JPY 8.1 billion, the current year wa

On April 14, China’s Ministry of Industry and Information Technology (MIIT) released the 72nd list of New Energy Vehicles (NEVs) that meet the national energy saving standards and are eligible for tax reductions or exemptions. There are 378 models on the list in total, among which 30 and 348 are energy-saving and New

On March 25, GAC Hino signed a strategic cooperation agreement with Inpow Battery Technology Co., Ltd. (Inpow Battery) in Guangzhou.
The two companies will co-develop an in-house commercial vehicle battery with “long service life, high reliability, light weight, and strong waterproofness” as core competitiveness fact

Hino Motors, Ltd. (Hino) announced on March 21 that it will suspend its operation at Koga Plant (Koga City, Ibaraki Prefecture) on the same date, due to supply shortage of some components.
(Hino Motors press release on March 21)