The truck divisions of Japan’s Toyota and Daimler of Germany have agreed to merge to work together in vehicle development, procurement and production.

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Toyota Motor Corp. and Daimler Truck Holding AG said Tuesday they concluded an agreement to merge their Japanese truck ...

A tentative such deal was announced two years ago. Under the integration, which will be “on an equal footing,” Daimler Truck and Toyota Motor Corp. will each own 25% of the holding company.

Truck Units of Toyota and Daimler Reach Merger Deal, First Announced Two Years Ago TOKYO (AP) — The truck divisions of Japan’s Toyota and Daimler of Germany have agreed to merge to form “a ...