t by the end of June, but the final tariff rate is unclear, and finished car manufacturers are undecided about how to respond. Some European and U.S. manufacturers have already raised prices, but many Japanese OEMS are waiting to see how things develop.   Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors, Ltd. (Hino) announced on June 10 that they had reached a final agreement to merge on an equal footing and cooperate in the are...

Market & Tech Reports  Updated at: 2025/06/25

hicles sold, with CVTs, including HEVs (Hybrid Electric Vehicles), and Nissan and Honda HEVs, which do not have gear boxes, being the majority. Daihatsu changed from ATs in its mini commercial vehicles to CVTs then stopped selling light commercial vehicles, so Honda, Daihatsu, Isuzu, UD Trucks, and MFTBC (Mitsubishi Fuso Truck & Bus Corporation) currently do not have ATs in their vehicles sold in Japan. Hino's commercial vehicles, both light-duty...

Market & Tech Reports  Updated at: 2024/03/21

the concept of “competition'' between the following two groups of companies.   (1) TH Team: Three Toyota Group OEMs, Honda, and several foreign car importers. Company to which the operations are outsourced: Toyotsu Recycle Corporation   (2) ART: Nissan-Mitsubishi, Suzuki, Mazda, Subaru, Isuzu, MFTBC (Mitsubishi Fuso Truck and Bus Corportion) and several foreign car importers. Companies to which the operations are outsourced: Nissan Creative ...

Market & Tech Reports  Updated at: 2024/01/30

th engine control modules.   Japan   New vehicle sales in May were 316,000 units, reflecting an increase of 24.9% y/y (down 6.8% m/m). Cumulative sales for the January-May period increased 17.1% y/y to 1.995 million units.   On May 30, Daimler Truck AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors, Ltd. (Hino), and Toyota Motor Corporation (Toyota) announced that they have signed a basic agreement to accelerate the developmen...

Market & Tech Reports  Updated at: 2023/06/23

otors for electric forklifts are made by its subsidiary Mitsubishi Logisnext Co., Ltd. but because they do not run at high speed, the motors are in the range of 24 to 80 V. As an automotive point of contact, the company jointly developed a drive motor with Mitsubishi Fuso Truck and Bus Corporation (MFTBC) for the MFTBC Fuso Canter Eco Hybrid, and thereby entered the market. The drive motor of the e-Canter, its actual successor, is now made by Bor...

Market & Tech Reports  Updated at: 2021/09/02

motors for electric forklifts are made by its subsidiary Mitsubishi Logisnext Co., Ltd. but because they do not run at high speed, the motors are in the range of 24 to 80V. As an automotive point of contact, the company jointly developed a drive motor with Mitsubishi Fuso Truck and Bus Corporation (MFTBC) for the MFTBC Fuso Canter Eco Hybrid, and thereby entered the market.   <> Mitsubishi Electric Corporation   Capital stock JPY 175.8 billion,...

Market & Tech Reports  Updated at: 2020/04/20

159,815 176,065 147,624 140,493 139,016 125,083 Isuzu 84,197 91,982 69,723 59,696 36,695 44,021 42,096 59,805 63,265 74,556 Hino 54,528 53,952 47,310 40,666 24,434 29,164 34,238 42,463 48,189 57,422 Lexus 10,293 31,097 34,803 25,945 28,167 33,365 42,365 43,657 46,772 44,246 Mitsubishi Fuso (MFTBC) 61,171 71,414 50,520 40,522 22,104 24,761 27,032 34,715 36,731 42,509 UD Trucks 21,407 19,754 14,988 12,562 6,939 8,170 8,469 9,104 9,284 11,...

Market & Tech Reports  Updated at: 2015/02/10

san Alliance and Daimler AG signed a partnership agreement including mutual shareholding. According to Nissan, ten significant projects were ongoing as of September 2013, when the OEM announced that Nissan's NV350 Urvan commercial vans would be supplied to Mitsubishi Fuso Truck and Bus Corporation (MFTBC) of the Daimler Group.  Many of their collaborations are related to the Infiniti brand luxury cars, but the scope is expanding to include small...

Market & Tech Reports  Updated at: 2014/04/10

address the increasing replacement demand for heavy-duty trucks. In the summer of 2012, however, it revised the plan and halved the employment size as the actual demand fell below the projection.   Japan Worldwide launch of Canter Eco Hybrid  In May 2012, Mitsubishi Fuso Truck & Bus Corp. (MFTBC or FUSO) of the Daimler Group announced the Canter Eco Hybrid, an HV version of its "Canter" light-duty truck, and it was released in the Japane...

Market & Tech Reports  Updated at: 2013/03/14

Mitsubishi Fuso and UD Trucks announce mid-term strategies Mitsubishi Fuso aims for overseas sales of 200K units; UD Trucks enhances the low-to-mid-range segme Summary MFTBC mid-term plan includes global launch of hybrid trucks, with a target of achieving international sales volume of over 200K units MFTBC sharing development resources with Daimler Group MFTBC expects the 2012 global sales to reach 180K units UD Trucks' mid-term strategy: 10% cos...

Market & Tech Reports  Updated at: 2012/12/17