Ecuador clears Toyota-Daimler plan to jointly create holding for Hino and Fuso
( May 4, 2026, 19:25 GMT | Official Statement) -- MLex Summary: Ecuador’s competition authority has cleared Toyota Motor Corporation and Daimler Truck Holding AG to jointly create a new international holding company that will bring Hino Motors and Mitsubishi Fuso Truck and Bus Corporation under common control, according to a statement issued by the authority. The deal, notified on June 16, 2025, restructures ownership so that Toyota-controlled Hino and Daimler-controlled Fuso are overseen by the newly formed joint holding, while continuing to operate as separate brands whose trucks and buses are sold in Ecuador through independent distributors.Full statement follows in Spanish. See attached decision....
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