FUSO Celebrating 10-Year Anniversary of Large Bus Assembly in Taiwan
||Milestone a strong proof of leadership presence of the FUSO brand in Taiwan, one of biggest export markets for the company
||FUSO with a leading market share of 49.1% in the overall truck and bus segment in 2012; Canter light-duty truck with a dominant market share of 68.4%
||More than 43,000 trucks and buses sold in Taiwan over the past 5 years
Kawasaki, Japan - Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, is celebrating its 10-year anniversary of large bus assembly in Taiwan, one of MFTBC’s largest export markets. Since MFTBC’s 33.4% share participation in MFTB Taiwan Company Ltd. (MFT) in July 29, MFT started assembly of large buses in March 2003. In 2006, the company built a new production facility where it began its knocked-down production of Super Great heavy-duty trucks. Since surpassing the 5,000-unit production milestone in September 2010, the company is now approaching the 10,000th mark.
Mr. Masashi Kogame, MFTBC Senior Vice President of Operations Trucks & Buses, said: “MFT has year after year enhanced the quality built into the trucks and buses produced. With its strong commitment to customer dedication, the company has significantly contributed our operations and the development of the FUSO brand in the Taiwanese market. Together, we are committed to delivering high-quality FUSO trucks and buses.”
MFTBC has been present in Taiwan since 1947 and has established itself as the leading commercial vehicle brand. FUSO is the number one commercial vehicle brand in Taiwan, with a leading market share of 49.1% in the overall truck and bus segment in 2012.
FUSO in Taiwan
In the light-duty truck segment (3.5-8 tons GVW) served by the Canter, the company continues to prove its leadership position with a market share of 68.4% percent (Jan.-Dec. 2012). In 2012, FUSO achieved a 22.0% market share in the overall bus segment. Over the past five years, the company has sold over 43,000 trucks and buses in Taiwan, trucks and buses ranging from light to heavy-duty products.
Overall, MFTBC is well positioned to fuel additional growth in Southeast Asia where, according to external forecasts, an increase of approximately 20% to 30% in annual truck sales can be expected for the entire Southeast Asia region until 2020.
Mr. Masashi Kogame (center), MFTBC Senior Vice President of Operations
Trucks & Buses, with MFT representatives on the occasion of the anniversary event
MFTBC and MFT representatives at a celebration event held at MFT
Mitsubishi Fuso in Social Media:
Based in Kawasaki, Japan, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) is one of Asia's leading commercial vehicle manufacturers. In 2012, the company sold a total of about 174,000 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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