Hino Motors, Ltd. (Hino) and Marubeni Corporation (Marubeni) have jointly invested in a sales company “Hino Motors Sales India Private Ltd.” (Hino India Sales) which was established on August 26, 2008 in Mumbai, India.

The economy in India has been developing rapidly since the liberalization of its economy in recent years. The demand for trucks has also been swiftly increasing due to the prevailing upward trend in building, construction, and resource developments during India’s rapid modernization. Hino and Marubeni will use Hino India Sales in order to advance into the truck and bus markets in India, a part of rapidly growing BRICs. The joint venture company will begin sales of the “Hino 500 Series” from the middle of 2009, which is Hino’s main sales model in the overseas market. The company also plan to introduce the “Hino 700 Series”, “Hino 300 Series”, and their buses within a few years time.

Source: Hino Mortors. Ltd.

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Truck and Bus

Hino Motors, Ltd. (Hino) has decided to establish a new truck manufacturing company, “HINO MOTORS MANUFACTURING MEXICO, S.A. DE C.V.” (HMMM) in Guanajuato, United Mexican States (Mexico) through a joint venture with MITSUI & CO., LTD. (Mitsui).

Moreover, after Hino has entered the Mexican market and started marketing its “HINO 300 Series” *1 since August of last year through “HINO MOTORS SALES MEXICO, S.A. DE C.V.” (HIMEX), a sales company established by Mitsui, it will strive to increase its sales volume and position Hino’s brand more strongly in Mexico by introducing a new product, “HINO 500 Series” *2 at this time.

Hino aims at reinforcing price competitiveness by implementing logistic cost reductions and preferential tariff arrangements, and by manufacturing (assembling) the newly marketed “HINO 500 Series” locally, at the new plant.

Furthermore, seizing this opportunity to establish a new manufacturing company and expand its product range, Hino also will make its capital investment in the sales company, HIMEX, in order to further strengthen its business in Mexico and generate a synergistic effect with its manufacturing and sales organizations.

Source: Hino Mortors. Ltd.

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Hino Motors, Ltd. (Hino) has relocated its used vehicle business operations from Mizuho-machi, Nishi-Tama-gun, Tokyo to Hidaka-shi, Saitama Prefecture, transferring the headquarters and used vehicle center of its used vehicle business subsidiary, Hino U-Truck, Ltd. (HUT), in order to increase the number of used vehicles in its stock and its supply volume.

The primary objectives of Hino’s used vehicle center are, a) to stock a large volume of vehicles for retail sales and b) to allow its domestic sales company to easily procure trucks and buses in order to fully comply with their customers’ requests.

As it has been anticipated that the demand of new vehicles may be reduced in Japan, Hino opened its used vehicle center in Kobe as an outlet for the Kansai Area in December 2006, with a view to expanding it as one of Hino’s core businesses. Although two outlets have been created, including the Mizuho Used Vehicle Center for the Kanto area, as the scale of the Mizuho Used Vehicle Center which could stock approximately 120 units was relatively small to cover the whole Kanto area in which the scale of the used vehicle market and the supply volume were large, the number of vehicles in stock was increased to approximately 300 units by relocating it to Hidaka-shi.

The relocation to Hidaka Used Vehicle Center at this time enables Hino to increase the supply volume of used vehicles to its sales company, and allows its customers to easily select a desirable used trucks and buses.

Source: Hino Mortors. Ltd.

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Used Trucks & Buses, Mizuho Used Vehicle

Hino Motors, Ltd. (“Hino”) will provide the following vehicles as shuttle buses for the G8 Hokkaido Toyako Summit that will be held in July 2008: two different versions of a large-sized hybrid touring coach called the “Hino S’elega Hybrid” and a single hybrid bus equipped with Inductive Power Transfer1.

The G8 Hokkaido Toyako Summit has been dubbed the “Environment Summit” and environmental concerns are planned to be a major focus. Hino recognizes the importance of such an intention so has decided to provide shuttle buses for the summit. Hino will continue to work to actively prevent global warming and provide trucks and buses that are useful for our customers.

Outline of the new “Hino S’elega Hybrid”

The “Hino S’elega Hybrid” is a large-sized high-output hybrid touring coach that is designed to contribute to reducing CO2 emissions. The new model introduces an “A09C-1M” type power unit with a total piston displacement of 8.9 L. This is a combination of a new lightweight, high-output engine and Hino’s special hybrid system2. With this power unit, the new model has succeeded in reducing emission gases and improving fuel efficiency. This has enabled the Hino S’elega Hybrid to meet the 2005 (new long-term) emission regulations and earn it “NOx & PM 10% Reduction Low Emissions Heavy Vehicle” certification from the Ministry of Land, Infrastructure, Transport and Tourism. With regard to PM emissions, the new model has succeeded in a 50% reduction beyond the values stipulated by regulations and has achieved the fuel efficiency standards for FY2015.

Source: Hino Mortors Ltd.

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Hino,  shuttle buses, Japanese Vehicles

Hino Motors Ltd. (“Hino”) has released its performance in recycling end-of-life vehicles for FY2007 (April 2007 to March 2008) based on the Automobile Recycling Law*1.

Under the Automobile Recycling Law, automakers and importers are required to collect, recycle, and properly treat three specified items, namely automobile shredder residue (ASR) generated from end-of-life vehicles, airbags, and chlorofluorocarbons (CFCs).

Hino outsources its ASR recycling to the Toyotsu Recycle Corporation and its treatment of airbags and CFCs to Japan Auto Recycling Partnership. In doing so, Hino collects and recycles these three specified items properly and efficiently.

The company’s performance in FY2007 resulted in 10,673 units of ASR (amount collected: 3,686.1 tons), 316 units of airbags and 2,873 units of CFCs (amount collected: 1,534.9 kg).

The recycle rate for ASR was 71%, achieving the 70% required by the legal standards for FY2015. The recycle rate for airbags was 94%, surpassing the legal standard of 85%. The 1,534.9 kg of CFCs collected were appropriately broken down.

The total cost of recycling these three specified items was 234,519,000 yen, while the total amount of deposits received from the Fund Management Institute was 128,400,000 yen. This resulted in a net loss of Hino of 106,119,000 yen.

Based on the spirit of the Automobile Recycling Law and the Hino Global Environment Charter, Hino will continue working hard to promote the development of a recycling-oriented society, including recycling end-of-life vehicles.

Source: Hino Mortors Ltd.

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Hino, Japanese Automobiles