The reduced stake now matches the 25% equity holding of Toyota Motor, completing the ownership structure envisaged following the business integration of Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors.

A new round of layoffs and closures is hitting thousands of workers across manufacturing, distribution, warehousing, trucking and parcel networks. The post Freight Distress Report: More than 7,000 jobs cut in new wave of closures appeared first on FreightWaves.

The commitment would bring DICV's total investment in India to over Rs145bn.

The greenfield plant is expected to begin production in late 2029 as the company looks to expand capacity in North America and modernize its manufacturing footprint.

Daimler Truck Holding AG (DTRUY) raises full-year 2026 outlook on robust North American demand and strategic investments, despite persistent cost pressures and tariff impacts.

European indexes largely edged higher in cautious trade as investors held ground ahead of U.S. jobs data and news on talks in the Middle East.

The truck and bus maker outlined the plans alongside confirmation of a guidance raise announced last month.

Innoviz Technologies (NASDAQ:INVZ) reported record second-quarter revenue of $18.1 million as higher recognition of non-recurring engineering, or NRE, revenue tied to customer milestones helped lift results. The lidar developer also said it is expanding into defense and homeland-security application