kscarbel2

Financial Times / June 10, 2024 Toyota and Germany’s Daimler Truck have finalized an estimated $6.4bn merger of their heavy truck businesses in Japan in response to growing competition from Chinese rivals racing ahead on electrification and autonomous driving technology. The deal brings together Toyota unit Hino Motors with Daimler Truck subsidiary Mitsubishi Fuso Truck and Bus. It creates a Japanese commercial truck powerhouse that sells more than 200,000 units annually and has greater scale to invest in hydrogen trucks and buses. The merger comes as the global commercial truck industry undergoes a rapid transition towards electric and hydrogen-powered drivetrains and autonomous driving, with China taking the lead. Characterized by long driving ranges, heavy loads and short refueling times, trucking is viewed as a crucial sector for Toyota to create a large market for its hydrogen fuel cells, as cleaner passenger car transport has become dominated by battery-powered electric vehicles. Robin Zeng, the billionaire behind China’s battery champion CATL, forecast last month that half of new trucks sold in China in three years’ time would be electric, underlining the upheaval coming for the heavy truck market. “By bringing together two strong partners, we will create an even more powerful company and advance decarbonisation in transportation,” said Daimler Truck chief executive Karin Rådström. “Scale is the key to winning in the technological transformation of our industry.” The combined entity, led by Mitsubishi Fuso CEO Karl Deppen, divides Japan’s commercial truck manufacturing into two main camps, with Isuzu Motors dominating the other. Toyota and Daimler Truck, the world’s largest truck manufacturer, will hold equal stakes of 25 percent in the holding company, but the Japanese vehicle maker’s voting rights will be lower at 19.9 percent. Jefferies analysts estimate the equity value of the combined entity to be €5.6bn at 11 times earnings before interest and taxes. After a preliminary merger agreement was reached in May 2023, the deal was postponed in February 2024 following an engine data falsification scandal at Hino. At the start of this year, Hino agreed a $1.2bn settlement with the US authorities, leading the truck unit to a record net loss but helping to pave the way for the merger. Since the deal was first announced, both companies have lost ground in the truck market and US tariffs on imports have added to the challenges faced by commercial vehicle manufacturers. The sealing of the deal comes at a time of big upheaval for Toyota, as the world’s largest carmaker prepares to take part in the $33bn take-private of Toyota Industries, one of its key suppliers. Alongside the deal, Hino will transfer ownership of the Hamura plant to Toyota Motor for ¥150bn ($1bn). The merger also adds to the growing collaboration between Japan and Germany on hydrogen. The two companies aim to list the holding company in Japan and start operations by April next year.

We have two enemies. We have the outside enemy, and then we have the enemy from within, and the enemy from within, in my opinion, is more dangerous than China, Russia and all these countries. We have some very bad people. We have some sick people. Radical left lunatics I think it should be very easily handled by, if necessary, by national guard, or if really necessary, by the military, because they can’t let that happen. Donald Trump October 2024

Wal-Mart heir Christy Walton should be running a one-page "No illegal immigrants" advertisement instead. . https://x.com/Juliesnark1731/status/1932189753249612189 . https://www.breitbart.com/politics/2025/06/09/anti-ice-protests-spread-texas-san-francisco-l-a-riots-continue/

The entity that organized this show, no doubt the same one that ran the BLM protest show, must be revealed. https://www.dailymail.co.uk/news/article-14794561/Burn-LA-riot-post-location-federal-agents-hotel-online-border-patrol.html

I thought that Roadway had Detroit engines, whereas as Lexington, South Carolina-based Southeastern had Cummins, what with Cummins being popular in the Carolinas.

Southeastern Freight Lines has hundreds of Cummins-powered U-700s. They were continually pleased with them.

Tom Homan says the raids that sparked the violent LA riots were not for immigration purposes. Homan explained that the raids that took place in downtown LA on Friday were part of a criminal investigation into a money laundering scheme and cartel activity. 'It wasn’t an immigration raid. It was to service of three criminal warrants at locations based on a large criminal conspiracy that ICE is investigating,' Homan said.

https://www.dailymail.co.uk/news/article-14793935/la-riots-protests-today-live-latest-2025-ice-gavin-newsom.html https://www.breitbart.com/immigration/2025/06/08/trump-deputies-los-angeles-riots-prove-invasion-reality/ https://www.breitbart.com/pre-viral/2025/06/08/watch-democrat-l-a-council-member-urges-leftists-to-escalate-attacks-on-ice/ https://www.dailymail.co.uk/news/article-14792969/los-angeles-warzone-riots-spread-san-francisco.html https://www.breitbart.com/politics/2025/06/08/anti-ice-protesters-flood-los-angeles-freeway-waving-foreign-flags/ https://www.breitbart.com/politics/2025/06/08/trump-directs-dhs-dod-liberate-los-angeles-riots-illegals-expelled/ Title 10 (Section 12406) of the U.S. Code allows the president to deploy National Guard units into federal service if the U.S. is invaded, there is a “rebellion or danger of rebellion” or the president is “unable with the regular forces to execute the laws of the United States.” An 1878 law, the Posse Comitatus Act, under Section 12406 allows the troops to protect federal agents (e.g. ICE, FBI ect.) who are carrying out law enforcement activity and to protect federal property.

Wow! Senator Kennedy takes college professor Lutnick to task and exposes the double talk. Some serious BS'ing going on there. .

https://www.dailymail.co.uk/news/article-14785507/elon-musk-donald-trump-impeached-jd-vance.html

U.S. District Judge James Boasberg says the illegal aliens deported to prison in El Salvador can challenge their deportation. This is absurd. An illegal alien has no right to challenge anything. They committed a crime when they illegally entered this sovereign country.

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The pile of things that don't add up (make any sense) is becoming rather large. MTG says pages 278-279 in the big funding bill strips states of the right to make laws or regulate AI for 10 years. This is the first time that the masses learned of this.

China is a potential adversary. But what I really worry about is us; the enemy within. Can we get our own act together - our own values, our own capability, our own management? The amount of mismanagement is extraordinary - by state, by city, for pensions, and that stuff is going to kill us. Jamie Dimon .

The Supreme Court today said the Trump administration CAN revoke the temporary legal status of Cubans, Haitians, Nicaraguans and Venezuelans living in the United States because of Biden administration actions. Two of the court’s three liberal justices, Ketanji Brown Jackson and Sonia Sotomayor, dissented.

A federal appeals court temporarily paused a ruling against President Donald Trump’s global tariffs while weighing a longer lasting hold on the sweeping decision, with the administration vowing to take the matter to the US Supreme Court if necessary. A brief order granting the stay was issued Thursday by the US Court of Appeals for the Federal Circuit. It puts an order blocking Trump’s tariffs on hold while the appeals court weighs a longer lasting stay sought by the government.