Toyota’s Hino VW’s truck unit tie up to reduce R&D costs

Toyota’s Hino, VW’s truck unit tie up to reduce R&D costs The truck units of Toyota Motor (7203.T) and Volkswagen AG (VOWG_p.DE) are forming an alliance to bolster their market positions as commercial vehicle makers face growing costs to develop lower-emission vehicles and automated driving capabilities. The strategic tie-up of […]