
Volvo Car South Africa welcomes new MD
Volvo Car South Africa (VCSA) has appointed Grant Locke (photo) as its new Managing Director (MD), succeeding Tarcísio Triviño, who served as MD since October 2024.
- Industry News
- 14 July 2025
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.
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.
Volvo Car South Africa (VCSA) has appointed Grant Locke (photo) as its new Managing Director (MD), succeeding Tarcísio Triviño, who served as MD since October 2024.
There is no doubt that AI (Artificial Intelligence) is transforming the way we operate - from backend systems to customer-facing solutions.
Never underestimate the power of social media, especially when you go car hunting.