Rivals Daimler, Nissan to Cooperate in Light Trucks

July 9, 2012
Goal is to cut development and manufacturing costs

Daimler (IW 1000/15) said on July 29 that its Japanese truck unit Fuso has agreed to cooperate with rival Nissan (IW 1000/29) in the area of light trucks.

"Fuso is expanding its business with light-duty trucks in its core market," Daimler said.

Mitsubishi Fuso Truck and Bus Corporation signed a memorandum of understanding with Nissan Motor Co. "on the mutual supply of light-duty trucks", the statement said.

While the precise details of the deal -- aimed at cutting development and manufacturing costs -- have still to be worked out, the agreement will see Fuso make available its Canter five-ton truck to Nissan, while Nissan will supply its Atlas F24 to Fuso, Daimler said.

Copyright Agence France-Presse, 2012

Popular Sponsored Recommendations

Navigate Complex Cybersecurity Requirements With Purpose-Built Technology Solutions

Dec. 6, 2023
The CMMC represents a critical mandate from the U.S. DOD. Aerospace & Defense manufacturers that handle controlled unclassified information (CUI) must comply with CMMC requirements...

Legacy Phone Lines Are Draining Your Profits

Oct. 30, 2023
Copper wire phone line expenses that support emergency devices could be costing your company millions of dollars in wasteful overhead expenses. Rates have been skyrocketing while...

Why DataOps may be the key to unlocking the full potential of digital transformation

Nov. 3, 2023
Read the 2023 market survey conducted by IndustryWeek

Five Ways Aerospace and Defense MRO Can Prepare for the New Normal!

Dec. 6, 2023
The right tools can help A&D suppliers track the essentials & ultimately, boost their margins. Advanced analytics can also help determine the profitability of contracts, drive...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!