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PRESS RELEASE

Mitsubishi Fuso’s Tramagal Plant Starts Production of All-New Canter
Light-Duty Truck for the European Markets

October 17, 2011

•  Approximately 50 Percent of Vehicle Parts Sourced from Europe
•  Canter Playing Key Role in Daimler Trucks’ Global Strategy
•  Introduction in More Than 40 Markets by the End of 2012


Kawasaki - Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, today announced the production start of its all-new Canter light-duty truck for the European market following a final quality inspection.

The Fuso Canter, the international bestseller from Daimler Trucks, is developed in Japan, and built for the European market in Tramagal, Portugal. From there, it is delivered to more than 30 countries. In terms of value, approximately 50% of its parts come from more than 90 European suppliers, such as the engine, axle components, springs, brakes, tires, headlamps and lights, as well as seats and extensive interior paneling.

Since production of the Canter in Tramagal began in 1980, approximately 160,000 vehicles have been manufactured and exported to countries all across Europe, as well as Israel. MFTBC is looking to further expand capacity of Tramgal by producing for markets outside Europe.

More International Launches to Come

Following today’s milestone, MFTBC plans to further roll out the new generation Canter in key international markets, with plans to be introduced in more than 40 markets by the end of 2012.


Canter Light-Duty Truck


About MFTBC

Based in Kawasaki, Japan, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) is one of Asia's leading commercial vehicle manufacturers. In 2010, the company sold a total of about 140,700 vehicles including light-, medium- and heavy-duty trucks and buses. Daimler AG owns 89.29% of MFTBC shares and various Mitsubishi group companies own 10.71% of MFTBC shares. MFTBC is an integral part of the Daimler Trucks Division of Daimler AG.



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