Hino Motors starts manufacturing heavy-trucks at China JV
(chinatrucks.com, September 25, 2009)HINO MOTORS LTD. (TSE:7205) said Monday that it has started making heavy-duty trucks in China at a joint venture plant built in cooperation with GUANGZHOU AUTOMOBILE GROUP CO. The 50-50 joint venture, GAC HINO MOTORS CO., is capitalized at 1.5 billion yuan, or some 20 billion yen (US$219.34 million), and is churning out trucks from the Hino 700 Series.
Although only 600 units are scheduled to roll off the line this fiscal year, Hino hopes to boost the figure to 20,000 a year in the future.
Hino has truck plants in Mexico and elsewhere overseas, but the joint venture facility will be responsible for final assembly only.
Views:0
- GAC HINO 480/560HP Tractor Head to be Unveiled 2022-07-06
- BYD and Hino Sign a Deal with a Focus on Commercial Battery Electric Vehicle 2020-04-24
- Hino and Toyota to Jointly Develop Heavy-Duty Fuel Cell Truck 2020-03-27
- GAC Hino Upgraded Truck with ZF 16-speed Transmission Gearbox to Hit the Market 2019-05-08
- GAC Hino Signs a Deal With Major Customers in Tokyo 2019-04-25
- 100 Units GAC Hino 8×4 Concrete Mixers Delivered to Dongguan for Operation 2019-03-01
- GAC Hino Heavy-duty Truck Sales Grew 140% in 2018 2019-01-16
- Hino Improves Kenyan Customers Experience with the Brand 2018-10-12
- Reverse Camera to Come as Standard on All Hino Trucks Sold in the Aussie Market 2018-09-29
- GAC Hino Sales Jumped by 148% From January to August 2018-09-26
Submit Your Requirements, We Are Always At Your Service.
- Jiefang Partners with FCTS to Develop Hydrogen-Powered Car Transport Vehicles
- Farizon Auto Sets Roadmap for Global Expansion
- JMC Assembles Kaiyun Euro 5 Models in Vietnam
- SuperPanther Teams up with DHL for Sustainable Logistics
- SuperPanther Partners with Steyr Automotive to Launch Electric Heavy-Duty Trucks
- JAC Showcases T9 EV Pickup at 2024 EVA Frankfurt Electric Vehicle Expo
- Zoomlion Reports Record Overseas Revenue Growth for H1, 2024
- Madagascar President Rajoelina Visits Foton Motor
- European Premiere for Kia PBV at IAA Hannover 2024
- SAIC Maxus RV Debuts at Düsseldorf Caravan Show in Germany
- Heavy Truck Sales Reach 59,000 Units in July in China
- Tractor Sales in H1, 2024 Reached 162,100 Units, Up 4%
- China's Truck Export Reaches 351,076 Units in H1 2024
- XCMG Dominates 2024 with Record Sales in New Energy Heavy Trucks
- Mid-Year Pickup Market Report: JAC Exports Up 13%, JMC Exceed 36,000 Units
- Truck Exports in May 2024: China Exported Close to 65,000 Trucks
- Exports of Pickups Reached 22,892 Units in May
- Exports Surge by 157%! DFAC Exports 9,628 Vehicles from January to May
- China's Heavy Truck Exports Rising 58% YOY to 276,000 Units in 2023
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY
