Latest news with #LandCruiser250
Yahoo
10-06-2025
- Automotive
- Yahoo
Toyota and Daimler Just Shocked the Trucking World with a $6.4B Power Play
Toyota (NYSE:TM) and Daimler Truck just sealed a $6.4 billion merger between their Japanese truck divisionsHino Motors and Mitsubishi Fusosetting the stage for a heavyweight in commercial vehicles that could finally give China's EV truck momentum a run for its money. The two companies have been circling this deal since May 2023, but an engine data scandal at Hino and a record $1.2 billion U.S. settlement delayed the closing. Now it's official. The new entity, which will sell over 200,000 units a year, is expected to go live by April 2026, with a planned listing in Japan. Toyota and Daimler Truck will each hold 25% of the holding company, but Toyota's voting rights will be capped at 19.9%. Warning! GuruFocus has detected 3 Warning Sign with TM. This merger could be a defensive playand possibly a hydrogen-powered counterattack. With battery-electric vehicles already dominating cars, Toyota sees trucking as the best shot to scale its hydrogen fuel cell bets. That's key, especially as CATL's Robin Zeng recently projected that half of all new trucks sold in China could be electric by 2028. The combined group, led by Mitsubishi Fuso CEO Karl Deppen, gives Japan a consolidated commercial vehicle force to compete on tech and scale, while leaving Isuzu to lead the other half of the domestic market. Jefferies puts the combined group's equity value at 5.6 billion, pegging it at 11x EBIT. There's more. As part of the deal, Toyota is buying Hino's Hamura plant for 150 billion ($1 billion)a site where it already builds the Hilux and Land Cruiser 250. This adds to the company's broader restructuring, including a planned $33 billion take-private of Toyota Industries. But the road ahead won't be smooth. Both Toyota and Daimler Truck have lost ground in market share, and U.S. tariffs haven't made life easier. Still, in a market shifting fast toward electrification and autonomy, the merger could help them stay in the fightespecially if hydrogen ends up playing a bigger role than expected. This article first appeared on GuruFocus.
Yahoo
10-06-2025
- Automotive
- Yahoo
Toyota and Daimler Just Shocked the Trucking World with a $6.4B Power Play
Toyota (NYSE:TM) and Daimler Truck just sealed a $6.4 billion merger between their Japanese truck divisionsHino Motors and Mitsubishi Fusosetting the stage for a heavyweight in commercial vehicles that could finally give China's EV truck momentum a run for its money. The two companies have been circling this deal since May 2023, but an engine data scandal at Hino and a record $1.2 billion U.S. settlement delayed the closing. Now it's official. The new entity, which will sell over 200,000 units a year, is expected to go live by April 2026, with a planned listing in Japan. Toyota and Daimler Truck will each hold 25% of the holding company, but Toyota's voting rights will be capped at 19.9%. Warning! GuruFocus has detected 3 Warning Sign with TM. This merger could be a defensive playand possibly a hydrogen-powered counterattack. With battery-electric vehicles already dominating cars, Toyota sees trucking as the best shot to scale its hydrogen fuel cell bets. That's key, especially as CATL's Robin Zeng recently projected that half of all new trucks sold in China could be electric by 2028. The combined group, led by Mitsubishi Fuso CEO Karl Deppen, gives Japan a consolidated commercial vehicle force to compete on tech and scale, while leaving Isuzu to lead the other half of the domestic market. Jefferies puts the combined group's equity value at 5.6 billion, pegging it at 11x EBIT. There's more. As part of the deal, Toyota is buying Hino's Hamura plant for 150 billion ($1 billion)a site where it already builds the Hilux and Land Cruiser 250. This adds to the company's broader restructuring, including a planned $33 billion take-private of Toyota Industries. But the road ahead won't be smooth. Both Toyota and Daimler Truck have lost ground in market share, and U.S. tariffs haven't made life easier. Still, in a market shifting fast toward electrification and autonomy, the merger could help them stay in the fightespecially if hydrogen ends up playing a bigger role than expected. This article first appeared on GuruFocus.
India Today
21-04-2025
- Automotive
- India Today
Toyota showcases its rugged, open-top SUV, the Land Cruiser ROX concept
Toyota showcased the Land Cruiser ROX concept at the 2025 New York International Auto Show. The Land Cruiser ROX Concept is a rugged, open-air SUV that pays homage to the brand's storied off-road heritage while teasing a future of adventure-ready innovation. The Land Cruiser Rox is a reimagined version of the 2024 Land Cruiser 250 advertisementThe concept signals Toyota's ambition to compete with rivals like the Jeep Wrangler and Ford Land Cruiser Rox, which stands for 'Recreation Open eXperience,' is a reimagined version of the 2024 Land Cruiser 250, crafted by Toyota's Calty Design Research studio in Ann Arbor, Michigan. Over 50 per cent of the vehicle's body was redesigned to create a fully functional, open-top prototype that blends vintage aesthetics with cutting-edge engineering. The concept features a sliding soft-top roof, custom 'skeleton' doors with open sections, and a functional mid-gate that provides seamless access to a rear cargo bed, evoking the spirit of classic FJ40 Land Cruisers from the 1960s and 1970s. Finished in a nostalgic 'Spring Green' shade, reminiscent of classic Land Cruiser models. advertisement Painted in a nostalgic 'Spring Green' hue—a nod to vintage Land Cruiser models—the Rox boasts a widened track by eight inches and a four-inch lift, courtesy of a Toyota Racing Development (TRD)-tuned independent suspension with forged aluminum control arms. Its 18-inch machined billet wheels, wrapped in oversized off-road tires, are housed within bold trapezoidal fender flares, enhancing its aggressive stance. Additional utility features include a triple-bar roof rack with molle panels, seven roof-mounted auxiliary lights, and custom steel bumpers with red tow hooks, brush guards, and a winch. Added utility features include a triple-bar roof rack with molle panels, seven roof lights, and custom steel bumpers with red tow hooks, brush guards, and a winch. Inside, the ROX combines rugged functionality with premium touches. The cabin features orange leather upholstery, custom SLS Nylon 3D-printed components like door sills, and door panels with integrated safety kits and webbing for storing adventure gear. The open-air design blurs the line between the interior and the outdoors, offering an immersive experience for off-road enthusiasts. Inside, the cabin features orange leather upholstery. As Toyota continues to evolve its off-road portfolio, the Land Cruiser ROX Concept serves as a bold statement of intent. Whether it remains a one-off showpiece or sparks a new production model, its presence at the 2025 New York Auto Show has solidified Toyota's commitment to redefining adventure for a new generation of more details about the New York Auto Show, stay tuned to Auto to Auto Today MagazineMust Watch
Yahoo
07-04-2025
- Automotive
- Yahoo
Arctic Trucks Unveils Modified Toyota Land Cruiser 250
Read the full story on Backfire News Arctic Trucks has pulled the wrappings off its Land Cruiser 250/Prado AT37 build and it's wonderfully understated. After all, these days we're constantly inundated with off-road mods that are in-your-face, from 'Angry Eyes' Jeep grilles to bumpers that look like they belong on an armored military you're familiar with AT, then that's really not surprising. Founded back in 1990, the company was a special vehicles division on Toyota but now operates independently. From the beginning it's focused on no-nonsense off-road modifications instead of catering to the mall crawler crowd that wants more flash than substance. For anyone wanting to impress while in line at Starbucks, this build will be completely boring. But for those who want a vehicle that's seriously good at off-roading, especially in incredibly remote and rugged areas of the world, this build could be the ticket. There are many subtle mods on the rig. Your eyes aren't playing tricks on you, the Land Cruiser has a wider track and fender flares. The frame, body, and drivetrain are all modified to increase ground clearance while keeping the center of gravity low. Also included is a bespoke two-way adjustable suspension system designed by Arctic Trucks with 'Dakar-winning specialists' providing input. Wheel travel is improved and the suspension provides a modest 1.5 inches of lift, so nothing too crazy. But the construction sounds rather stout, which is what matters most on the trail. Buyers get to choose between 37-inch BFGoodrich All-Terrain T/A K03 or Mud-Terrain T/A KM3 tires. You'll note the AT Heritage wheels have an understated look that's a little bit of a throwback to simpler times, which pairs well with the Land Cruiser's retro-inspired styling. Finally, AT highlights the 2-inch multifunction receiver hitch adventurers can use for towing, recoveries, or any number of accessories while getting out into the great outdoors. According to Arctic Trucks, the AT37 not only can take on a variety of off-road conditions from rocks to snow, it's supposed to handle quite well in daily on-pavement driving. While some people can afford to have a weekend toy, for many hobbyists these days their off-roader has to do double duty as a commuter vehicle. Images via Arctic Trucks
