No decision yet, says DTSA about merger reports

DTSA has noticed the recent media reports regarding the potential merger between Daimler Truck and Toyota and would like to emphasise that some information presented needs to be clarified.

25 Merger

As previously disclosed in our announcement dated 30 May 2023, titled, “Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corporation conclude an MoU on accelerating development of Advanced Technologies and merging Mitsubishi Fuso and Hino Motors”, the possibility of a business integration is being explored.

However, as of now, no decisions have been made regarding the final agreement, the timing of the holding company's IPO, the equity ownership ratio or voting rights ratio in the holding company, or the accounting treatment of the holding company, as mentioned in some articles. If any facts requiring disclosure are determined, Daimler Truck will promptly disclose them.

More Industry News stories

New facility turns job losses into job opportunities in the Eastern Cape

New facility turns job losses into job opportunities in the Eastern Cape

VSL Manufacturing officially unveiled its new R750 million, purpose-built manufacturing facility adjacent to the Isuzu Motors South Africa (IMSAf) assembly plant in Struandale, marking a major milestone for South Africa’s automotive value chain, black industrialisation, and the Eastern Cape’s manufacturing ecosystem.

  • 28 November 2025
FAW Trucks SA hosted partners from across Africa in Coega

FAW Trucks SA hosted partners from across Africa in Coega

FAW Trucks Southern Africa recently welcomed the extended Southern African regional dealer network and teams as well as country managers, sales directors and technical heads from across the continent to its flagship manufacturing facility in the Coega Industrial Development Zone for the 2025 Export Dealer Conference.

  • 28 November 2025