Daimler Truck DTG 0.43%increase; green up pointing triangle said it intends to sell its Nakatsu plant in Japan after consolidating its Mitsubishi Fuso operations at the Kawasaki plant, as part of the Japanese truck-unit merger with Toyota 7203 -1.66%decrease; red down pointing triangle Motors.
Daimler and Toyota said Thursday that they would consolidate their manufacturing footprint into three sites from five by the end of 2028, in a bid to achieve efficiencies.
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