Autonomous Trucks
Following the news that Daimler Truck and Toyota have entered into a partnership to combine their truck businesses in Japan, Varshini Shetty, automotive analyst at GlobalData, offers her view. “Aligning with this trend is the deal between Toyota subsidiary Hino Motors Ltd. and Daimler-owned Mitsubishi Fuso Truck and Bus Corp. to combine their truck businesses in Japan. “After joining forces, the combined company will control 42 percent of the Japanese truck market. “In terms of sales, the Japanese truck market is projected to reach 66,431 units in 2030 with a CAGR of 2.3 percent. “The partnership will also strengthen its footprint in the evolving truck market and the knowledge transfer between the companies will make operations smoother.”Share this: PrintFacebookLinkedInRedditTwitterTumblrPinterestWhatsAppTelegramPocket