Details about the merger of Mitsubishi Fuso and Hino Motors

Commercial Vehicles Mitsubishi Fuso and Hino Motors Announce Details of Their Merger

2025-10-14 From Ipek Muftuler | Translated by AI 1 min Reading Time

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Daimler Truck's subsidiary Mitsubishi Fuso and Hino Motors have unveiled new details of their planned merger. The joint holding company will be named Archion Corporation and will be based in Tokyo.

The Daimler Truck subsidiary Mitsubishi Fuso and Hino Motors are merging to form Archion. From left to right: Satoshi Ogiso, designated Executive Director & CTO of Archion, CEO of Hino Motors; Karl Deppen, designated Representative Director & CEO of Archion, President and CEO of Mitsubishi Fuso Truck & Bus Corporation; Hetal Laligi, designated Representative Director & CFO of Archion, CFO of Mitsubishi Fuso Truck & Bus Corporation.(Image: Daimler Truck AG) — The Daimler Truck subsidiary Mitsubishi Fuso and Hino Motors are merging to form Archion. From left to right: Satoshi Ogiso, designated Executive Director & CTO of Archion, CEO of Hino Motors; Karl Deppen, designated Representative Director & CEO of Archion, President and CEO of Mitsubishi Fuso Truck & Bus Corporation; Hetal Laligi, designated Representative Director & CFO of Archion, CFO of Mitsubishi Fuso Truck & Bus Corporation.
(Image: Daimler Truck AG)

Mitsubishi Fuso Truck and Bus and Hino Motors have announced the name of their new holding company: Archion. The company is scheduled to commence operations on April 1, 2026, according to Daimler Truck, the owner of Fuso. The new corporate group plans to implement an integrated platform strategy for heavy, medium, and light commercial vehicles. The development, procurement, and production sectors of the merging companies will be combined to reduce costs. By the end of 2028, the five Japanese truck production facilities will be consolidated into three locations.

The new group plans to invest particularly in the CASE sector (Connected, Autonomous, Shared, Electric). In the hydrogen segment, Archion is relying on the combined expertise of Toyota and Daimler Truck for fuel cell technology.

Leadership Team Confirmed

Karl Deppen will become Representative Director and CEO of Archion Corporation. Hetal Laligi will take over financial responsibility as CFO and Representative Director. Satoshi Ogiso, currently CEO of Hino Motors, will serve as Executive Director and Chief Technology Officer.

The shareholder structure stipulates that Daimler Truck and Toyota will each hold 25 percent of Archion. The Tokyo-based company aims for a listing on the Prime Market of the Tokyo Stock Exchange. The transaction is subject to regulatory approvals.

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Date: 08.12.2025

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