DAIMLER RESTRUCTURES MITSUBISHI FUSO
Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers and an integral part of Daimler Trucks, has announced a major realignment of its operations to address structural changes in the company’s business and markets. Japan remains MFTBC’s most important market, but the Japanese commercial vehicle market is experiencing a long-term downward trend with growth potential shifting to developing economies.
MFTBC will realign manufacturing operations for greater plant utilization and production closer to markets. The company will among others consolidate bus production at the Toyama, Japan, plant, with the transfer of light bus production from the Oye plant to Toyama, by the end of the second quarter 2010. The Oye plant, located near Nagoya, Japan, will be closed.
Also in Japan, MFTBC will optimize operations at the main Kawasaki plant, concentrating assembly into one part of the plant and substantially improving Kawasaki’s inbound plant logistics and overall efficiency.
Based in Kawasaki, Japan, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) is one of Asia's leading commercial vehicle manufacturers. In 2008, the company sold a total of about 197,700 vehicles including light-, medium- and heavy-duty trucks and buses. Daimler AG owns 85% of MFTBC shares. The remaining 15% of shares are held by various Mitsubishi group companies. MFTBC is an integral part of the Daimler Trucks Division of Daimler AG.
