Mitsubishi-Fuso launches major global hiring campaign
MFTBC is 89.29%-owned by Daimler Truck AG, with the remaining 10.71% of its shares held by various Mitsubishi group companies. The merger with Hino is scheduled to be formally completed at the end of the current fiscal year, in March 2026.
MFTBC confirmed that more than 300 new permanent positions have become available at its operations in Japan, the United Arab Emirates and Portugal, in the areas of research and development (R&D), supply chain and quality management, procurement, international sales and aftersales, IT, finance, legal and compliance, and human resources.
The truck-maker said that it aims to strengthen the Fuso brand ahead of the company's merger with Hino, with more jobs expected to be created globally after the merger is completed, as the global commercial vehicle industry tackles the challenges associated with CASE technology trends and driver shortages.
MFTBC said it has a diverse global workforce, with staff of more than 65 different nationalities employed in approximately 170 markets worldwide. The company also claims to be the first automaker in Japan to introduce remote working, in 2014, and currently offers employees in Japan the option of 'flex time' and remote working.
"Mitsubishi-Fuso launches major global hiring campaign" was originally created and published by Just Auto, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
26 minutes ago
- Yahoo
Norris takes pole for F1's Belgian Grand Prix after Verstappen wins sprint
SPA-FRANCORCHAMPS, Belgium (AP) — Lando Norris took pole position Saturday for Formula 1's Belgian Grand Prix after Max Verstappen won the sprint race earlier in the day. Norris set the fastest time early in the final session. His McLaren teammate and title rival Oscar Piastri couldn't quite beat it on his final run, taking second place, 0.085 of a second off Norris' pace. Charles Leclerc was third for Ferrari, with Verstappen fourth. The likelihood of rain for Sunday's race could shake things up. Verstappen's sprint win Verstappen overtook Oscar Piastri and drove '15 qualifying laps' to win the Formula 1 sprint race at the Belgian GP as Red Bull begins a new era without fired team principal Christian Horner. Verstappen surged past Piastri on the straight on the first lap. The Australian was close behind Verstappen for the rest of the 15-lap sprint race but couldn't find a way past the four-time champion. Lando Norris, in the other McLaren, was third after retaking the place from Ferrari's Charles Leclerc and catching up to Piastri. 'You're keeping faster cars behind, so you have to drive over the limit of what you think is possible,' Verstappen said. 'Tire management is out of the window, so that's what's making it really difficult. I'm just doing 15 qualifying laps to try and keep them behind on a track where tire management is important.' It was Verstappen's first race win of any sort since the Emilia-Romagna Grand Prix in May, and his first in a sprint since the United States Grand Prix last October. Piastri extends his lead over Norris in the standings to nine points from eight. Verstappen is third, 68 points off the lead. Leclerc held on to fourth and it was an impressive result for Haas, with Esteban Ocon fifth and Oliver Bearman seventh. Carlos Sainz, Jr. was sixth for Williams and Isack Hadjar took the final point for Racing Bulls in eighth. ___ AP auto racing: The Associated Press
Yahoo
26 minutes ago
- Yahoo
Trump says Japan will invest $550 billion in US at his direction. It may not be a sure thing
WASHINGTON (AP) — President Donald Trump is bragging that Japan has given him, as part of a new trade framework, $550 billion to invest in the United States. It's an astonishing figure, but still subject to negotiation and perhaps not the sure thing he's portraying. "Japan is putting up $550 billion in order to lower their tariffs a little bit," Trump said Thursday. 'They put up, as you could call it, seed money. Let's call it seed money.' He said 90% of any profits from the money invested would go to the U.S. even if Japan had put up the funds. 'It's not a loan or anything, it's a signing bonus,' the Republican president said, on the trade framework that lowered his threatened tariff from 25% to 15%, including on autos. A White House official said the terms are being negotiated and nothing has been formalized in writing. The official, who insisted on anonymity to detail the terms of the talks, suggested the goal was for the $550 billion fund to make investments at Trump's direction. The sum is significant: It would represent more than 10% of Japan's entire gross domestic product. The Japan External Trade Organization estimates that direct investment into the U.S. economy topped $780 billion in 2023. It is unclear the degree to which the $550 billion could represent new investment or flow into existing investment plans. What the trade framework announced Tuesday has achieved is a major talking point for the Trump administration. The president has claimed to have brought trillions of dollars in new investment into the U.S., though the impact of those commitments have yet to appear in the economic data for jobs, construction spending or manufacturing output. The framework also enabled Trump to say other countries are agreeing to have their goods taxed, even if some of the cost of those taxes are ultimately passed along to U.S. consumers. On the $550 billion, Japan's Cabinet Office said it involves the credit facility of state-affiliated financial institutions, such as Japan Bank for International Cooperation. Further details would be decided based on the progress of the investment deals. Japanese trade negotiator Ryosei Akazawa, upon returning to Japan, did not discuss the terms of the $550 billion investment. Akazawa said he believes a written joint statement is necessary, at least on working levels, to avoid differences. He is not thinking about a legally binding trade pact. The U.S. apparently released its version of the deal while Japanese officials were on their return flight home. 'If we find differences of understanding, we may have to point them out and say 'that's not what we discussed,'' Akazawa said. The U.S. administration said the fund would be invested in critical minerals, pharmaceuticals, computer chips and shipbuilding, among other industries. It has said Japan will also buy 100 airplanes from Boeing and rice from U.S. farmers as part of the framework, which Treasury Secretary Scott Bessent said would be evaluated every three months. 'And if the president is unhappy, then they will boomerang back to the 25% tariff rates, both on cars and the rest of their products. And I can tell you that I think at 25, especially in cars, the Japanese economy doesn't work,' Bessent told Fox News' 'The Ingraham Angle.' Akazawa denied that Bessent's quarterly review was part of the negotiations. 'In my past eight trips to the United States during which I held talks with the president and the ministers," Akazawa said. 'I have no recollection of discussing how we ensure the implementation of the latest agreement between Japan and the United States.' He said it would cause major disruptions to the economy and administrative processes if the rates first rise to 25% as scheduled on Aug. 1 and then drop to 15%. 'We definitely want to avoid that and I believe that is the understanding shared by the U.S. side,' he said. On buying U.S. rice, Japanese officials have said they have no plans to raise the current 770,000-ton 'minimum access' cap to import more from America. Agricultural Minister Shinjiro Koizumi said Japan will decide whether to increase U.S. rice imports and that Japan is not committed to a fixed quota. Trump's commerce secretary, Howard Lutnick, has suggested that the Japanese agreement is putting pressure on other countries such as South Korea to strike deals with the U.S. Trump, who is traveling in Scotland, plans to meet on Sundayv with European Commission President Ursula von der Leyen to discuss trade. 'Whatever Donald Trump wants to build, the Japanese will finance it for him,' Lutnick said Thursday on CNBC. 'Pretty amazing.' ___ Yamaguchi reported from Tokyo. Josh Boak And Mari Yamaguchi, The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26 minutes ago
- Yahoo
Norris takes Belgian GP pole position
Belgian Grand Prix Venue: Spa Dates: 25-27 July Race start: 14:00 BST on Sunday Coverage: Live commentary of practice and qualifying on BBC Radio 5 Sports Extra 2 with race on BBC Radio 5 Live; live text updates on BBC Sport website and app Lando Norris pipped McLaren team-mate Oscar Piastri to pole position at the Belgian Grand Prix. Norris beat Piastri, the championship leader, by just 0.085 seconds as Red Bull's Max Verstappen slipped down to fourth, beaten by Ferrari's Charles Leclerc, after errors on his final lap. Leclerc's team-mate Lewis Hamilton was knocked out of the first session after having his final lap time deleted for exceeding track limits and will start 16th. Williams driver Alex Albon slipped ahead of his friend George Russell's Mercedes by 0.059secs to take fifth. Yuki Tsunoda had his best performance since joining Red Bull at the third race of the season by taking sixth, 0.381secs off Verstappen. Norris happy with 'decent' lap Norris secured his pole with his first lap in the final session, on which he was 0.189secs quicker than Piastri. The Briton was not able to improve on his second run, which Piastri was, but a mistake at Stavelot for the Australian cost him the chance to take pole for the second day running after his sprint pole on Friday. Norris had been nearly 0.5secs slower than Piastri in Friday's session but he said the margin was not reflective of his true pace. Norris said: "I was confident after yesterday - 0.3secs is just slipstream and not being first out of the pit lane. It was a decent lap, so I'm happy." Piastri said: "A bit disappointing. The second lap was coming together really well but just made a little mistake into 14 and lost a lot of time. The car was really good but it's fine margins out there. "We're a good team-mate pairing, we learn a lot from each other. Felt like I did OK but didn't quite execute when it matters." Norris now faces the same problem Piastri had in the sprint - giving the driver behind him the slipstream on the run up to the Les Combes chicane on the first lap. Losing out to Verstappen in that way in the sprint race cost Piastri that win. Now Norris will have to defend from his championship rival. But rain is expected for Sunday, which changes the picture because of the visibility issues of following another car in the wet. "Most likely some rain and drizzle," Norris said. "Could be in for a chaotic race. Going off the front and hopefully can take advantage of that and go from there." Verstappen had been third fastest after the first runs, but a wheelspin moment out of the La Source hairpin cost him time all the way along the straight through Eau Rouge and up to Les Combes. The four-time champion was able to claw some of the time lost back over the rest of the lap and did improve his time slightly. But he said the lap was "so bad" and it was enough to allow Leclerc, who felt he was able to maximise the Ferrari, to slip ahead. A disappointed Hamilton said to go out in Q1 was "not acceptable" but he would try to "have fun" in the race. Behind Tsunoda, the top 10 was completed by the Racing Bulls drivers Isack Hadjar and Liam Lawson, and Sauber's Gabriel Bortoleto, who made it into the top 10 for a grand prix qualifying session for the first time in his career, repeating the feat he managed in sprint qualifying the day before. Verstappen wins Belgian GP sprint race Full results Radio 1 DJs help preview Belgian Grand Prix
