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Hino Australia welcomes incoming Fuso merge deal

Hino Australia has responded to the global merger news with Fuso about what it means for local bus operations

Following yesterday’s breaking announcement that Hino will merge as a company with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), the Australian arm of the Japanese vehicle company has responded to the news.

Earlier this week, a new Memorandum of Understanding (MoU) was announced between Daimler Truck, MFTBC, Hino and Toyota Motor Corporation for all four vehicle giants to accelerate the development of advanced technologies for buses and trucks.

This included the merging of MFTBC and Hino Motors to create one company.

Once the two companies combine, Daimler and Toyota have signed on to equally invest in the company and collaborate on the development of hydrogen fuel-cell bus and truck technologies.

MFTBC and Hino plan to merge on equal footing and collaborate in all of the above areas to build a globally competitive Japanese commercial vehicle manufacturer.

RELATED ARTICLE: Fuso and Hino merge as four party vehicle deal is struck

From a local perspective, Hino Australia has welcomed the global announcement and is looking forward to what’s to come.

Hino Australia vice president of brand and franchise development Richard Emery told ABC the announcement leaves him excited for Hino.

“This is an exciting announcement for both Hino and Fuso at a local level and also internally,” Emery told ABC.

“We will be in a position to share more information about this towards the end of next year.”

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