Mitsubishi Fuso Enters Truck Markets
In Kazakhstan, Azerbaijan and Georgia

Kawasaki – Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, today announced its new market entry into Kazakhstan, Azerbaijan and Georgia. The company has completed a wholesale distribution agreement with TEMSA Global Sanayi ve Ticaret A.S., Istanbul, Turkey, to market the Mitsubishi Fuso Canter light-duty truck in these markets. The trucks will be exported as CKD kits from Japan, assembled locally in Turkey and sold through TEMSA networks in Kazakhstan, Azerbaijan and Georgia.

“Mitsubishi Fuso is proud to offer efficient, high quality trucks to customers in Kazakhstan, Azerbaijan and Georgia,” said Mr. Kai-Uwe Seidenfuss, MFTBC Vice President of Sales and Service International. “We look forward to expanding our long-standing cooperation with TEMSA, and we hope our products will help support growth and development in these markets.”

Mr. Seidenfuss added, “Mitsubishi Fuso is focused on long-term international sales growth. In this regard, we will continue to examine new market entries while also enhancing our presence in existing markets.”

TEMSA Global Sanayi ve Ticaret A.S. was established in 1968, and has been the strategic distributor and vehicle assembler for Mitsubishi Fuso trucks in Turkey since 1984.

Mitsubishi Fuso’s entry into truck markets in Kazakhstan, Azerbaijan and Georgia continues a program of international market expansion. In 2008, the company began sales in several new Eastern European markets: Hungary, Bulgaria, Slovenia, Croatia, Bosnia, Serbia and Montenegro. In addition, the company expanded its presence in Africa by entering the Angola commercial vehicle market.

Mitsubishi Fuso’s international market expansion is in line with the “Growth and Market Penetration” initiative of Daimler Trucks’ Global Excellence program. Under this initiative, members of Daimler Trucks are entering new markets which display potential for above-average growth.

Based in Kawasaki, Japan, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) is one of Asia's leading commercial vehicle manufacturers. In 2008, the company sold a total of about 197,700 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.