11/09/12

Fuso and Nissan Seal Cooperation for Light-Trucks: Daimler Expands Portfolio in Japan


  • Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Nissan Motor Co., Ltd. sign agreement for reciprocal supply of light-duty trucks in Japan
  • Daimler expands Fuso commercial vehicles port-folio in the segment of trucks below 5 tons GVW
  • New light-duty trucks already available at Fuso Dealerships from January 15, 2013
 
After the Memorandum of Under-standing between Daimler’s Japanese commercial vehicle subsidiary and Nissan Motor Co., Ltd. in June, earlier today, the partners signed an agreement for the long-term cooperation on reciprocal supply of light-duty trucks in Japan. The agreement is founded on the strategic partnership between Daimler AG and Renault-Nissan.
 
“With our growth strategy 'FUSO 2015' we will significantly improve the satisfaction of our customers,” says MFTBC President and CEO Dr. Albert Kirchmann. “Our latest achievement is the Fuso Canter Guts to be offered from 2013, which will 'round off' the bottom of our broad range of light trucks.” 
 
Beginning in January next year, Fuso will offer the light-duty truck “Fuso Canter Guts” to the Japanese market, which is known under Nissan´s model name “Atlas F24”. In return, Nissan will sell the light-duty truck “Fuso Canter” under the new model name “NT450 Atlas”. Initially, the mutual deliveries scope will total about 1,300 units.
 
The goal of the cooperation between MFTBC and Nissan is to utilize the expertise of both manufacturers with a view to bolstering the business with light-duty trucks in Japan. The present agreement on reciprocal supply of trucks will enable both partners to expand their truck assortment, realize economies of scale and achieve savings in development costs. This will lead to increased efficiency and productivity for both sides.
 
About Fuso
The Mitsubishi Fuso Truck and Bus Corporation (MFTBC) based in Kawasaki, Japan, is one of Asia's leading commercial vehicle manufacturers in Asia. Daimler AG holds 89.29% of MFTBC shares. The remaining 10.71% of the shares are held by various companies of the Mitsubishi Group. In 2011, Daimler Trucks sold a total of about 147,700 vehicles of the Fuso brand – including light-, medium- and heavy-duty trucks and buses.

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