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.
Ahead of the 2026 State of the Nation Address (SONA), Zero Carbon Charge (CHARGE) has once again called on the President and national government to act decisively on South Africa’s electric vehicle transition.
Hyundai Springfield Park has been named Dealer of the Year at the 2026 Hyundai Automotive South Africa Dealer Conference, held at Sun City.
Volkswagen Commercial Vehicles is re-entering the growing urban delivery market with the launch of the Vivo Xpress which will be available for sale from February 2026.
Advertisement
Advertisement
I have bad reflexes. I was once run over by a car being pushed by two guys
Woody Allen
There is a profound realignment in consumer expectations, brand positioning and technological priorities, with Germany losing long held advantages in its domestic market while China rapidly moves up the value chain.
Over the past weekend, reports surfaced of a letter sent by Martina Biene, chairperson and managing director of Volkswagen Group Africa (VWGA), to President Cyril Ramaphosa warning of the increasingly precarious position of South Africa’s automotive sector.
On 20 February 2026, at the Phillip Island Grand Prix Circuit in Australia, the new WorldSBK season roars to life, promising one of the most dynamic championships in recent memory.
