Mitsubishi Fuso Truck (Thailand) Co., Ltd.
With Seiji Akiyama as New President & CEO

Kawasaki/Bangkok - Mitsubishi Fuso Truck and Bus Corporation (MFTBC) today announced the appointment of Mr. Seiji Akiyama as President & CEO of Mitsubishi Fuso Truck (Thailand) Co., Ltd. (MFTT), effective June 1, 2009. He succeeds Dr. Rudolf Steinle, who enters retirement. In his position, Mr. Akiyama will be based at MFTT’s Bangkok-area headquarters and will be responsible for all aspects of MFTT’s business operations.

A 29-year veteran of the company, Mr. Akiyama has significant industry experience including Mitsubishi Fuso’s Asia and ASEAN operations, covering the company’s Thailand business. He most recently served as Market Manager for Thailand, Singapore, Hong Kong and mainland China.

“With his detailed knowledge of the Asian commercial vehicle markets plus a broad experience working intensively with dealers and customers, Seiji Akiyama is an excellent choice to further develop our market position in Thailand,” said Mr. Kai-Uwe Seidenfuss MFTBC Vice President of Sales & Service International. “With the team of MFTT, Mr. Akiyama will build upon Mitsubishi Fuso’s commitment to the Thailand market and its continued investments in products and services - for the benefit of our Thailand customers and business partners.”

MFTBC thanks Dr. Steinle for his leadership and achievements during his tenure as President & CEO of MFTT since September 2005.

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.