Now Hino has reached an agreement with US authorities to both end the criminal investigation and resolve the civil claims. The Japanese company will pay a total of around 1.17 billion euros in penalties and compensation to the US Department of Justice and other authorities, as Hino announced on Thursday. The company will also improve the affected engines from 2017 to 2019 and set up an environmental program to mitigate the consequences of exhaust emissions. “This solution is an important milestone on the way to eliminating the legacy issues that we have worked hard on so that they are no longer part of Hino’s culture,” said Hino boss Satoshi Ogiso. In the spring of 2023, Toyota and Daimler Truck had the Plan presented to merge the two Japanese truck manufacturers Mitsubishi Fuso and Hino into one company and list them on the Tokyo Stock Exchange. Toyota and Daimler Truck each wanted to hold more than 25 percent of the new vehicle manufacturer in equal shares. According to the ideas of the two partners, the aim is to conquer the Asian market together, to become less dependent on China and to share development costs for drives that should no longer emit greenhouse gases. Daimler Truck CEO Karin Rådström has had since her When she took office in October, she emphasized the “industrial logic” of the merger several times, but made it clear that her company would only enter into the partnership once it was ensured that Daimler Truck would not pose any risks as a result of the merger Emissions problems arise at the Toyota subsidiary in the USA. “The discussions regarding the merger of Fuso and Hino are positive and constructive,” said a spokesman for Daimler Truck. “We noted Hino’s announcement of an agreement with U.S. government authorities regarding engine certification.”
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