Mitsubishi Fuso Consolidates North American Operations at Mitsubishi Fuso Truck of America.

Kawasaki, Japan . – Dec. 4, 2008 – Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, today announced it is consolidating North American operations at Mitsubishi Fuso Truck of America (MFTA), Logan Township, N.J. MFTA, a wholly-owned subsidiary of MFTBC, will now handle all brand-related operations, including vehicles sales, marketing, product applications, distribution, dealer relations, parts and service, and will be the dedicated wholesale organization for Mitsubishi Fuso in the U.S. and Canada.

Established in 1985, MFTA has historically been the base of all Mitsubishi Fuso operations in North America. Since January 2008, the brand’s sales, marketing and distribution functions have been handled through the Sterling Trucks organization of Daimler Trucks North America (DTNA). Both DTNA and MFTBC are part of the Daimler Trucks Division of Daimler AG, so the setup was designed to deliver maximum synergies and efficiencies in the North American commercial vehicle market.

In October, DTNA announced its future discontinuation of the Sterling brand in response to continuing depressed demand across the industry and structural changes in the company’s core markets. With this development, Mitsubishi Fuso’s sales, marketing, product application and distribution will transfer to MFTA.

“Mitsubishi Fuso is focused on further developing the Mitsubishi Fuso brand in North
America,” said Mr. Kai-Uwe Seidenfuss, MFTBC Vice President of Sales & Service
International. “We will continue to offer a line of well designed, fuel efficient trucks and back them with strong support and services. We would also like to thank our sister company Daimler Trucks North America for its stewardship of the Mitsubishi Fuso brand.”

Mitsubishi Fuso’s comprehensive product range in North America includes diesel-powered, cab-over-engine trucks, ranging from 5.7 tons to 15 tons. An extensive dealer network includes 190 locations throughout the U.S. and Canada. In the past five years, Mitsubishi has sold over 28,000 vehicles in North America.

About MFTBC
Based in Kawasaki, Japan, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) is one of Asia's leading commercial vehicle manufacturers. In 2007, the company sold a total of about 188,700 vehicles including light-, medium- and heavy-duty trucks and buses. Daimler AG owns 85% of MFTBC shares. The remaining 15% of shares are held by various Mitsubishi group companies. MFTBC is an integral part of the Daimler Trucks Division of Daimler AG.

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