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Volkswagen Truck teams with Toyota's Hino despite parents' rivalry

Japanese company will give German group access to Asia sales network

Hino Motors President Yoshio Shimo, left, and Volkswagen Truck & Bus CEO Andreas Renschler shake hands during a news conference in Tokyo on April 12.   © Reuters

TOKYO -- Volkswagen's commercial vehicle unit and Toyota Motor affiliated truck maker Hino Motors announced a tie-up in the commercial vehicle business Thursday, in a move that shows how major changes in the business environment such as autonomous vehicles and the rise of China are forcing long-time rivals to partner together.

Volkswagen Truck & Bus and Hino Motors said they will cooperate in emerging fields including electric vehicles, autonomous driving and the Internet of Things, as well as in the development of clean technology to help alleviate air pollution in emerging market cities.

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