Volumes driven lower by plunging output in Japan

Truck-maker looks to strengthen its operations ahead of the merger with Hino.

According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

The plan is to list a joint holding company in 2026.

Partnership allows Hino to access nationwide charging network in China

Latest system is more durable and fuel-efficient, and cheaper

Hino pays a reported US1.6bn to settle the case.

The ultimate purpose of the project is to help address Japan’s increasing shortage of long-distance truck drivers.

The reason: Hino Motors concluded that it is “unlikely that the business of Shanghai Hino will grow in a sustainable manner” due mainly to growing sales of electric-powered commercial vehicles and construction machinery in China.

There was plenty to report from the 2024 edition of the Advanced Clean Transportation (ACT) Expo held at the Las Vegas Convention Center between May 20-23.

Initially set to be released in the U.S. market, the class 8 battery-electric RC8 truck is set to go into series production in Q4 2024, at Hexagon’s new 200,000-square-foot facility in Dallas, Texas. Tern trucks will be available through the Hino dealer network across the U.S.

Hankook is to supply its AH37 and DL11 medium and long-distance tyres for fitting on Hino’s L-series trucks produced at Hino Motors Canada Ltd in Woodstock, Ontario, Canada, which are sold across North America market.