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.
Shetty says: “To accelerate the development and manufacture of CASE (Connected / Autonomous & Automated / Shared / Electric) technology and hydrogen vehicles, many businesses are forming alliances with other automakers, start-ups, and original equipment manufacturers (OEMs).
“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. [Read more…] about Toyota and Daimler partner to advance autonomous truck technologies in Japan