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Tag Archives: Hino Motors
Heavy Duty – Mitsubishi Fuso and Hino Motors to Merge
How this works under various anti-trust laws and regulations is unclear to AutoInformed. Details on the scope and nature of the collaboration including the name, location, shareholding ratio and corporate structure of the new holding company will be decided during the next ~18 months. The parties predict signing of definitive agreements in the first quarter of 2024. They aim to close the transaction by the end of 2024. Once all parties involved reach an agreement, they will move forward based on the approval of the relevant boards of directors, shareholders, and authorities. Continue reading
Milestones: 50 Years of Toyota Hilux
The seventh-generation Hilux was the first to not be produced in Japan, with most of the vehicles being produced in Thailand, South Africa and Argentina for delivery to counties in their own regions, and with some production in Malaysia, Pakistan and Venezuela. Continue reading
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Tagged auto industry commentary, autoinformed, autoinformed.com, automotive blog, compact pickup, Hino Motors, Ken Zino, toyota
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Toyota Motor Leads Global 2024 CY Sales at 10.8M
Toyota Motor Corporation (7203.T) today posted its sales, production, and export results for December 2024 , and significantly the total from January to December 2024, including those for subsidiaries Daihatsu Motor Co., Ltd. and Hino Motors. With 10.8 million sold – down ~3.7% because of regulatory compliance issues in Japan and the ongoing EV price war in China – TMC easily out sold the Volkswagen group, which reported a 2.3% drop in global sales for 2024 at ~9 million. This makes TMC the undisputed global sales leader for the fifth straight year. Continue reading →