Honda and Hino join SoftBank and Toyota mobility venture

SoftBank Group logo

Japanese automakers Honda and Hino are teaming up for a partnership between SoftBank and Toyota for mobility advantages including self-driving cars. SoftBank Corp. and Toyota Motor announced a joint venture for mobility services in 2018, in what they called a “united Japan” effort to deal with the worldwide competition. Honda Motor, Toyota’s competitor, and Hino […]

Volkswagen’s Traton trucks pursues growth with alliances

Volkswagen traton

Volkswagen’s trucks business Traton wants to use alliances with competitor in China, the United States and Japan to tap into worldwide growth and achieve a return on sales of nine percent, Chief Executive Andreas Renschler stated on Tuesday. Volkswagen is integrating Germany’s truck brands MAN and Sweden’s Scania along with deepening collaboration deals with China’s […]

Toyota’s Hino, Volkswagen’s truck form alliance to cut R&D costs

Toyota Hino truck

The truck units of Toyota and Volkswagen are forming an alliance to boost their market positions as commercial automakers face increasing costs to develop lower-emission automobiles and automated driving capabilities. The strategic tie-up of Toyota subsidiary Hino Motors and Volkswagen Truck & Bus GmbH is the recent in the international vehicle industry, where automakers look […]