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PRESS RELEASE

Mitsubishi Fuso Truck and Bus Corporation
Names Todd Bloom President & CEO of
Mitsubishi Fuso Truck of America, Inc.

June 21, 2010

Kawasaki/Logan Township, N.J. - Mitsubishi Fuso Truck and Bus Corporation (MFTBC) today announced the appointment of Mr. Todd Bloom as President & CEO of Mitsubishi Fuso Truck of America, Inc. (MFTA), effective July 1, 2010. A 26-year veteran of the commercial vehicle industry, Mr. Bloom will be based at MFTA’s Logan Township, N.J., headquarters, outside Philadelphia, and will be responsible for all aspects of MFTA’s business operations. He succeeds Mr. Takeo Ishimaru, MFTA Chief Financial Officer who has been serving as acting President and who will continue in his key role as the company’s CFO.

Further Strengthening Mitsubishi Fuso Brand in North America with New President & CEO

“Todd Bloom is well positioned to lead the Mitsubishi Fuso Truck of America organization, and to further develop the Mitsubishi Fuso business in North America,” said Mr. Kai-Uwe Seidenfuss, MFTBC Vice President of Sales & Service International. “Mr. Bloom has broad leadership experience with Japanese and import brands in the North American market, and has worked extensively with dealers and customers in a spirit of successful partnership. Under Mr. Bloom’s leadership, we expect the team at MFTA to further grow and strengthen the Mitsubishi Fuso brand in North America.”

Mr. Bloom has held a variety of leadership positions in the North American commercial vehicle industry. He joined the Isuzu organization in 1997 and subsequently served as Vice President of Marketing for American Isuzu Motors Inc., Vice President of Marketing for General Motors Isuzu Commercial Truck and Vice President of Marketing and Fleet Operations for Isuzu Commercial Truck of America. Before joining the Isuzu organization, Mr. Bloom held Logistics, Marketing and Operations positions with the Iveco organization in the United Kingdom, Italy and the U.S., from 1984 to 1997. He holds a Bachelor of Science in Advertising/Marketing from the S.I. Newhouse School of Public Communications at Syracuse University.

About Mitsubishi Fuso Truck of America

MFTA, a wholly-owned subsidiary of MFTBC, markets a complete line of Class 3 through Class 7 diesel-powered, medium-duty cab over trucks through more than 200 dealer locations throughout the United States, Canada, and Puerto Rico. More than 100,000 Mitsubishi Fuso standard, 4-wheel-drive and crew cab trucks have been sold in North America to fulfill the transportation needs of a wide variety of businesses and industries, including beverage, catering, refrigerated and dry cargo delivery fleets, vehicle recovery, towing, pest control, plumbing, light construction and landscaping.

In the past year, MFTA has been strengthening its dealer network and coverage in North America by doubling dealerships in Canada and adding locations in the U.S. In September 2009, MFTA also announced it will begin serving the Puerto Rico market through Guaraguao Truck Sales, Inc., based in Bayamon, Puerto Rico. In 2010, MFTA celebrates its 25th anniversary following its founding in 1985.

About Mitsubishi Fuso Truck and Bus Corporation

Based in Kawasaki, Japan, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) is one of Asia's leading commercial vehicle manufacturers. In 2009, the company sold a total of about 99,500 vehicles including light-, medium- and heavy-duty trucks and buses. Daimler AG owns 85% of MFTBC shares and various Mitsubishi group companies own 15% of MFTBC shares. MFTBC is an integral part of the Daimler Trucks Division of Daimler AG.

Mitsubishi Fuso is “All for you.”



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