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Toyota, Daimler strike deal to combine Japanese truck operations

Summary by Ground News
Daimler Truck Holding AG and Toyota Motor Corp have struck a preliminary deal to combine their truck units in Japan, the companies said on Tuesday. The shares of the new company are expected to be listed on the Prime Market of the Tokyo Stock Exchange. The companies expect to sign a definitive agreement in the first quarter of 2024.

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Winnipeg Free Press broke the news in Winnipeg, Canada on Tuesday, May 30, 2023.
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