Daimler Strengthens
its Truck Business in Japan: Fuso and Nissan Cooperate on Light-Duty
Trucks
Stuttgart/Kawasaki,
Japan – Fuso is expanding its business with light-duty trucks in its
core market Japan. Daimler’s Japanese commercial vehicles subsidiary and
the Nissan Motor Co., Ltd. reached a MoU on the mutual supply of
light-duty trucks. Basis for this agreement is the strategic partnership
between Daimler AG and the Renault-Nissan Alliance.
“Today’s agreement
employs synergies created within the framework of the strategic
partnership between Daimler AG and Renault-Nissan”, says Fuso President
Albert Kirchmann. “Through the exchange of products, we are generating
even more attractive options for our customers. This also contributes to
our growth strategy FUSO 2015, which aims to further increase customer
satisfaction through the right products, dependable service and sales.”
The agreement seeks to use both manufacturers’ expertise to further
strengthen business with light-duty trucks in Japan. Through economies
of scale, the mutual supply of vehicles will help lower development and
manufacturing costs. Moreover, efficiency and productivity will be
enhanced significantly on both sides.
The arrangement provides for the Fuso
Canter light-duty truck (5 tonnes GVW) to be supplied to Nissan. In
return, Nissan will make the Atlas F24 light-duty truck (below 5 tonnes
GVW) available to Fuso, which will consequently expand the Fuso product
range in the future. Timing and scope of the mutual supply will be
specified in a detailed agreement at a later time.
“In order to achieve the goals of our
mid-term business plan, Nissan Power 88, we must expand our product
portfolio and strengthen our light commercial vehicle business,” says
Toshiyuki Shiga, COO of the Nissan Motor Co., Ltd. “The strategic
partnership between Renault-Nissan and Daimler enables us to benefit
from synergies and to directly apply the strengths of both companies. As
a result, we can create products that exactly meet the expectations of
our customers,” Shiga added.
