| | JUNE 20238IN FOCUSUNIQUE GROUP NAMES SAHIL GANDHI AS CEOTOYOTA COLLABORATES WITH DAIMLER TO COMBINE JAPAN TRUCK OPERATIONSSahil Gandhi has been appointed the new chief executive officer (CEO) of Unique Group, a leading global leader in subsea technologies and engineering. He takes over for Himanshu (Harry) Gandhi, who will now serve as the Group's Chairman. Sahil has served as Unique Group's COO since 2017. Prior to that, he was an executive director and group sales manager. Under his direction, the business has expanded quickly, added unmanned survey technology to its portfolio, started the process of digitising, which has improved operational excellence, and reaffirmed its commitment to the United Nations Sustainable Development Goals (UNSDG).Harry Gandhi, Chairman of Unique Group, founded the company in 1993 with three employees, turning it into a thriving multinational organisation with over 500 employees today. Harry Gandhi expressed his confidence in Sahil's ability to lead the company into the future, stating: "Over the years, Sahil has been instrumental in shaping Unique Group to become a leader in providing comprehensive technical and digital solutions for the subsea, renewable, and wider energy industries, with a continued focus on sustainability. Sahil's appointment heralds the beginning of a new era for Unique Group, and I'm confident that his expertise, passion, and ambition will steer the company towards new heights."Sahil Gandhi pledged to continue the company's tradition and establish Unique Group as a leader in offering clients subsea innovation upon taking on his new job. He stressed his commitment to developing innovative products across several divisions, including survey, unmanned solutions, diving, buoyancy, and load testing, and to revolutionising the industry. Toyota Motor Corp. and Daimler Truck Holding AG announced that they had reached a non-binding agreement to consolidate the truck units' businesses in Japan.As per the memorandum of understanding (MOU), a holding company would be formed by combining the operations of Toyota subsidiary Hino Motors Ltd. and Daimler-owned Mitsubishi Fuso Truck and Bus Corp.The shares of the new business are anticipated to be placed on the Tokyo Stock Exchange's Prime Market.Daimler Truck and Toyota will each make an equal investment in the business and work together to develop hydrogen and other technologies related to connection and autonomous driving according to sources.Based on the companies, a definitive agreement will be signed in the first quarter of 2024, and the deal will be completed by the end of the following year.A committee entrusted with looking into an emissions issue at Hino, which changed its name to a Toyota affiliate in 2001, discovered last year that the truck and bus manufacturer had fabricated emissions data going as far back as 2003.At 4:30 pm, the CEOs of the four corporations will address the media jointly in Tokyo.Toyota Motor Corporation is a global Japanese automaker with its main offices in Toyota City, Aichi, Japan. Kiichiro Toyoda established it, and it became a corporation on August 28, 1937. One of the biggest automakers in the world, Toyota produces around 10 million automobiles annually.
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