Reported on August 21, 2026, Jardine Cycle & Carriage Ltd (JC&C) has agreed to sell its Cycle & Carriage automotive businesses in Malaysia and Singapore to Indonesia-listed Chandra Asri Group for SGD 265 million (approximately USD 207 million).
The transaction covers vehicle distribution and retail, after-sales suppo
On August 26, ARCHION announced the launch of new medium-duty truck models for the Japanese market under Hino and Mitsubishi Fuso brands as the first step in its Integrated Platform Strategy.
The new trucks represent a near term initiative under ARCHION’s Integrated Platform Strategy, through which Hino will supply i
On August 19, Daimler Truck announced that it has completed the secondary sale of part of its stake in ARCHION, reducing its ownership to 25% as planned.
The transaction generated around EUR 600 million in proceeds for Daimler Truck and aligns with the planned ownership structure following the integration of Mitsubis
On August 12, ARCHION announced the financial results for the first quarter of fiscal year ending March 2027. Marking the first quarterly earnings announcement since the completion of business integration, the quarter delivered strong growth in unit sales, driven by a sales recovery in the Japanese market and higher
Announced on August 6, 2026, PT Krama Yudha Tiga Berlian Motors (KTB), Mitsubishi Fuso's distributor in Indonesia, showcased the new Canter Extra Long Bus at GAIKINDO Indonesia International Auto Show (GIIAS) 2026, held from July 30 to August 9.
The Canter Extra Long Bus, based on the Canter platform with a 4.2-mete
On July 30, Archion, the holding company established through the business integration of Hino Motors (Hino) and Mitsubishi Fuso Truck and Bus (Mitsubishi Fuso), announced that it will launch a new data analytics service that integrates connected vehicle data from Hino and Mitsubishi Fuso. The integration of connected
On July 10, RIZON launched a new one-of-a-kind service combo body for its all-electric truck that combines secure tool storage and a spacious cargo bed, and can be equipped with cranes, ladder racks, generators, lift gates, and work lighting.
RIZON trucks currently qualify for California’s Clean Truck and Bus Voucher
On July 10, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) established a new regional training center, FUSO Academy Dubai, in Dubai, United Arab Emirates. The facility commenced operations on July 1, 2026, and will support capability development across the company's distributor and dealer network in the Middle Eas
On July 6, 2026, Mitsubishi Fuso Truck and Bus Corporation ("MFTBC") announced that the new bus company it intends to jointly establish with Hon Hai Technology Group (“Foxconn”) will be named Fuso Bus Co., Ltd. (“Fuso Bus”).
Fuso Bus is scheduled to be established in the second half of 2026, with its headquarters in
Through its two-pillar framework of “growth” and “efficiency,” ARCHION will accelerate competitiveness driven by business integration, with the integrated platform strategy at the core of strengthening product competitiveness.
On a pro forma basis (combined figures for Hino and Mitsubishi Fuso, adjusted based on spec
On May 11, the European Commission approved a joint venture between Hon Hai Precision Industry Co., Ltd. (Foxconn) in Taiwan and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in Japan. MFTBC is a wholly owned subsidiary of Archion Corporation, a holding company newly established in April 2026, following a busines
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