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PRESS RELEASE

Mitsubishi Fuso Introduces Next Generation
“Fighter” Medium-Duty Truck

October 5 , 2005

  • Canter Light-Duty Vehicle also Updated
  • Mitsubishi Fuso Hybrid Electric Vehicle (HEV) and Hybrid Electric Bus Demonstrated at DaimlerChrysler Technology Event
Tokyo - Mitsubishi Fuso Truck & Bus Corporation (MFTBC) today launched the next generation of its medium-duty truck “Fighter” for the Japan market. The vehicle, used in a wide variety of commercial applications, features a newly designed cab and exterior. It is the first new product version developed by the company as an integrated part of DaimlerChrysler’s Commercial Vehicles Division.

“The new ‘Fighter’ is indicative of the positive forward momentum of Mitsubishi Fuso,” said Harald Boelstler, MFTBC President & CEO. “With this product, we demonstrate our focus on safety, quality and reliability for our customers. It also showcases the resources and capabilities available to us as part of DaimlerChrysler.”

The new “Fighter” is now available at Mitsubishi Fuso dealerships across Japan. It is built at the company’s Kawasaki Manufacturing Plant.

Also this week, MFTBC introduced an updated version of the light-duty truck Canter on October 3. The new vehicle complies with the latest rear under-run protector and lamp regulations. The Canter is Fuso’s best-selling vehicle in Japan and overseas.

The product introductions closely follow a major exhibition of the company’s hybrid vehicle technology activities in Europe.

From Sept. 19-30, Mitsubishi Fuso demonstrated its advanced vehicle systems during DaimlerChrysler Commercial Vehicle’s “Technology Days” in Papenburg, Germany. The event was a showcase of 50 research and development topics on the subjects of safety, the environment and technology.

On display by Mitsubishi Fuso were the light-duty Canter HEV (hybrid electric vehicle) and Aero HEV urban bus. These pioneering vehicles are designed to reduce emissions and fuel consumption. The company plans to produce hybrid vehicles for the Japan market in 2006 and is evaluating them for other countries. Mitsubishi Fuso is the competence center for light-duty HEV activities within the DaimlerChrysler Commercial Vehicles group.

MFTBC, a fully consolidated subsidiary of DaimlerChrysler AG, is one of Asia’s leading commercial vehicle manufacturers. With headquarters in Tokyo and over 16,000 employees, the company had global sales of 179,200 trucks and buses in fiscal year 2004.

DaimlerChrysler AG owns 85% of MFTBC shares. The remaining 15% of shares continue to be held by various Mitsubishi group companies. Mitsubishi Fuso is an integral part of DaimlerChrysler’s Commercial Vehicle Division.

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