Hino Motors

Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corporation report progress on the collaboration based on the Memorandum of Understanding

Retrieved on: 
Freitag, März 1, 2024
Memorandum of understanding, Definitive, Hino Motors, Carbon, Daimler Truck, Logic, Automation, Automotive industry

Tokyo / Japan and Leinfelden-Echterdingen / Germany, Mar 1, 2024 - (JCN Newswire) - Daimler Truck AG ("Daimler Truck"), Mitsubishi Fuso Truck and Bus Corporation ("MFTBC"), Hino Motors Ltd. ("Hino") and Toyota Motor Corporation ("Toyota") today gave an update on the progress on the collaboration based on the MoU.

Key Points: 
  • Tokyo / Japan and Leinfelden-Echterdingen / Germany, Mar 1, 2024 - (JCN Newswire) - Daimler Truck AG ("Daimler Truck"), Mitsubishi Fuso Truck and Bus Corporation ("MFTBC"), Hino Motors Ltd. ("Hino") and Toyota Motor Corporation ("Toyota") today gave an update on the progress on the collaboration based on the MoU.
  • In May 2023, Daimler Truck, Toyota, MFTBC, and Hino concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.
  • According to the MoU, MFTBC and Hino plan to merge on an equal footing and collaborate in the areas of commercial vehicle development, procurement, and production.
  • The plan is to build a globally competitive Japanese commercial vehicle manufacturer, with Daimler Truck and Toyota investing equally in the (listed) holding company of the merged MFTBC and Hino.

Hino Trucks and Hino Canada Select Hankook Tire TBR Products to Equip U.S. and Canada Truck Lineup

Retrieved on: 
Montag, Februar 5, 2024
Traction, DL11, Life, TBR, SmartWay Transport Partnership, Truck, OE, L series, L6, Hankook Tire, Hino Motors, Media, TB

NASHVILLE, Tenn., Feb. 5, 2024 /PRNewswire/ -- Leading global tire maker Hankook Tire is building on its momentum in the Truck, Bus and Radial (TBR) market as Hino Trucks and Hino Canada have selected its TBR tires for the U.S. and Canadian markets. The premier medium-duty truck maker will offer Hankook's regional AH37 and long-haul DL11 tires on its L Series models.

Key Points: 
  • - Hankook's regional AH37 tire and long-haul DL11 tire chosen for Hino L Series trucks in the U.S. and Canadian markets
    - Hankook continues to expand its OE business portfolio, solidifying its position in the U.S.
    NASHVILLE, Tenn., Feb. 5, 2024 /PRNewswire/ -- Leading global tire maker Hankook Tire is building on its momentum in the Truck, Bus and Radial (TBR) market as Hino Trucks and Hino Canada have selected its TBR tires for the U.S. and Canadian markets.
  • The premier medium-duty truck maker will offer Hankook's regional AH37 and long-haul DL11 tires on its L Series models.
  • The L6 and L7 models will be equipped with Hankook's AH37 regional truck tire, which incorporates structural designs to facilitate lower rolling resistance and potential for fuel efficiency.
  • Hankook aims to continue investing heavily in R&D to develop industry-leading OE products, such as its new SmartLine and SmartFlex TBR products, as well as strengthening its TBR strategy in the North America market.

Purchasers and Lessees of certain Hino trucks may qualify for a payment in a $237.5 million class action settlement

Retrieved on: 
Freitag, Dezember 15, 2023
Defendant, Marder (infantry fighting vehicle), Extended warranty, Plaintiff, Notice, ARE, Risk, HOW, Hino Motors, E pluribus unum, Person, Settlement, PO, Hearing, Court, Insurance, Pharmaceutical industry

The Settlement Class consists of all persons or entities that purchased or leased a Settlement Class Truck through October 30, 2023.

Key Points: 
  • The Settlement Class consists of all persons or entities that purchased or leased a Settlement Class Truck through October 30, 2023.
  • If approved, the Settlement will provide compensation and other valuable benefits to Settlement Class Members.
  • After deducting Settlement Class Counsel Attorneys' Fees and Costs and Settlement Administration Costs, the remaining Settlement Cash Value will be allocated evenly, on a per-capita basis, among all Settlement Class Trucks for which the Settlement Administrator has received a valid Settlement Claim.
  • Settlement Class Counsel will ask the Court to award up to 33.33% of the Settlement Cash Value (i.e.

CJPT strengthens efforts in Japan and Thailand to achieve carbon neutrality and solve logistics issues

Retrieved on: 
Montag, Oktober 2, 2023
Hino Motors, CASE, Diffusion, Charoen Pokphand, Carbon, Trust, TMC, Happiness, Suzuki, Siam Cement Group, Safety, Automotive industry, Renewable energy

Toyota City, Japan, Oct 2, 2023 - (JCN Newswire) - Commercial Japan Partnership Technologies (CJPT) will accelerate efforts to achieve carbon neutrality and solve logistics issues together with a new company, Commercial Japan Partnership Technologies Asia Co., Ltd. (CJPT-Asia), being established in Thailand.

Key Points: 
  • Toyota City, Japan, Oct 2, 2023 - (JCN Newswire) - Commercial Japan Partnership Technologies (CJPT) will accelerate efforts to achieve carbon neutrality and solve logistics issues together with a new company, Commercial Japan Partnership Technologies Asia Co., Ltd. (CJPT-Asia), being established in Thailand.
  • Since its establishment in 2021, CJPT has contributed to the realization of a carbon-neutral society through the diffusion of CASE technology and has promoted on-site efforts with its partners to reduce the burden on drivers and workers to solve logistics issues.
  • To further accelerate these efforts, CJPT believes that "now is the time to move with all our hearts and minds to raise Japan's competitiveness."
  • Last December, CJPT reached an agreement with Charoen Pokphand Group and Siam Cement Group in Thailand to promote carbon-neutral initiatives that are unique to Thailand utilizing the country's resources.

Hexagon Purus signs lease agreement for new vehicle integration facility in the US

Retrieved on: 
Mittwoch, September 20, 2023
Hino Motors, EVP, Hexagon, Inflation, OEM, IRA, Inflation Reduction Act of 2022, Warehouse

The new facility significantly increases Hexagon Purus’ vehicle integration capacity and will enable delivery on the recently won vehicle integration contracts with Hino Motors and the undisclosed major North American OEM.

Key Points: 
  • The new facility significantly increases Hexagon Purus’ vehicle integration capacity and will enable delivery on the recently won vehicle integration contracts with Hino Motors and the undisclosed major North American OEM.
  • Hexagon Purus has signed a 10-year lease for the facility in Dallas.
  • We continue to experience solid demand for our vehicle integration offering and the new facility will enable us to deliver on recently won customer contracts”, says Morten Holum, CEO of Hexagon Purus.
  • “The new facility is also located with proximity to key suppliers making it an ideal location for our vehicle integration operations”.

Hino Motors Manufacturing U.S.A., Announces New President and COO

Retrieved on: 
Freitag, September 1, 2023
Hino Motors, Production management, HMM, Marketing, Toyota, Supplier, Strategic management, HR, R, Management

NOVI, Mich., Sept. 1, 2023 /PRNewswire/ -- Hino Motors Manufacturing U.S.A. (HMM), Inc. is pleased to announce the appointment of Mr. Davey Jung to the position of President and CEO, and Chairman of the Board for HMM, effective September 1, 2023.

Key Points: 
  • NOVI, Mich., Sept. 1, 2023 /PRNewswire/ -- Hino Motors Manufacturing U.S.A. (HMM), Inc. is pleased to announce the appointment of Mr. Davey Jung to the position of President and CEO, and Chairman of the Board for HMM, effective September 1, 2023.
  • Most recently, Mr. Jung served as Chief Operating Officer and Executive Vice President for Toyota Business for HMM.
  • As President and CEO, Mr. Jung will focus on advancing manufacturing and supply chain efficiency while driving the company forward with continued success and innovation.
  • Most recently, within HMM, Mr. Hanayama served as Executive Vice President and oversaw the Truck Business, Production Management, and R&D.

Daimler Truck, Mitsubishi Fuso, Hino and Toyota Motor Corporation conclude an MoU on accelerating development of Advanced Technologies and merging Mitsubishi Fuso and Hino Motors

Retrieved on: 
Dienstag, Mai 30, 2023
Hino Motors, CASE, Partnership, Memorandum of understanding, Daimler Truck, Hydrogen, Carbon, Automation, Corbeil Bus Corporation, Transport, Hand, Automotive industry

Tokyo, Japan and Leinfelden, Germany, May 30, 2023 - (JCN Newswire) - Daimler Truck Holding AG ("Daimler Truck") Mitsubishi Fuso Truck and Bus Corporation ("MFTBC"), Hino Motors Ltd. ("Hino") and Toyota Motor Corporation ("Toyota") today concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.

Key Points: 
  • Tokyo, Japan and Leinfelden, Germany, May 30, 2023 - (JCN Newswire) - Daimler Truck Holding AG ("Daimler Truck") Mitsubishi Fuso Truck and Bus Corporation ("MFTBC"), Hino Motors Ltd. ("Hino") and Toyota Motor Corporation ("Toyota") today concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.
  • - MFTBC and Hino will merge on an equal footing and collaborate in the areas of commercial vehicle development, procurement, and production.
  • - Daimler Truck and Toyota will equally invest in the (listed) holding company of the merged MFTBC and Hino.
  • They will collaborate on the development of hydrogen and other CASE technologies to support the competitiveness of the new company.

Procede Software Named Preferred DMS Provider to North American Hino Trucks Dealerships

Retrieved on: 
Donnerstag, Mai 18, 2023
Learning, Partnership, SQL, Original equipment manufacturer, API, Microsoft, Hino Motors, SAN, Kettler, OEM, DMS, Automotive industry, Excede, Filatima procedes

SAN DIEGO, May 18, 2023 /PRNewswire/ -- Procede Software, a leading heavy-duty commercial vehicle dealer management system (DMS) and solutions provider, today announced that it has been named the preferred DMS provider to Hino Trucks dealerships. This milestone designation marks the first time Hino Trucks has named a single company a preferred DMS provider. It reflects Procede's long-term strategy to proactively build healthy relationships with OEMs across the industry and their commitment to open, productive collaboration. Using its best-in-class, open API, Procede has built a comprehensive set of integrations between its Excede software solution and Hino Trucks' proprietary systems that streamline dealership operations, increase accuracy and efficiency, and drive revenue.

Key Points: 
  • SAN DIEGO, May 18, 2023 /PRNewswire/ -- Procede Software, a leading heavy-duty commercial vehicle dealer management system (DMS) and solutions provider, today announced that it has been named the preferred DMS provider to Hino Trucks dealerships.
  • This milestone designation marks the first time Hino Trucks has named a single company a preferred DMS provider.
  • "We are deeply honored to have been named the preferred DMS provider to Hino Trucks dealerships.
  • In partnership with Hino Trucks, Procede is offering preferred pricing to Hino Trucks dealerships that implement Excede.

Hexagon Purus ASA: Results for the first quarter 2023

Retrieved on: 
Dienstag, Mai 9, 2023
Partnership, Mitsui & Co., Oslo Stock Exchange, USD, Hino Motors, Hino, EBITDA, Investment, Hexagon, Depreciation, Panasonic, NOK, Video game, Security (finance), Bank, EUR

In the first quarter of 2023, Hexagon Purus (“the Company” or “Purus” or “the Group”) generated NOK 244 million in revenue, up 53% year-over-year from NOK 159 million in the first quarter of 2022.

Key Points: 
  • In the first quarter of 2023, Hexagon Purus (“the Company” or “Purus” or “the Group”) generated NOK 244 million in revenue, up 53% year-over-year from NOK 159 million in the first quarter of 2022.
  • Total assets at the end of the first quarter of 2023 amounted to NOK 3 935 (2 526) million.
  • "It has been an exciting quarter with several large commercial and strategic successes, which are all additive to the future prospects of Hexagon Purus.
  • Hexagon Purus has been successful in securing several long-term agreements recently, which gives the Company confidence in its medium to long-term targets.

HINO TRUCKS PARTNERS TO DISTRIBUTE BATTERY ELECTRIC HEAVY DUTY TRACTORS

Retrieved on: 
Dienstag, Mai 2, 2023
ACT, Hino Motors, BEV, EVP, Battery electric vehicle, Automotive industry

ANAHEIM, Calif., May 2, 2023 /PRNewswire/ -- Hino Trucks has signed a distribution agreement with Hexagon Purus to exclusively distribute a complete battery electric tractor.

Key Points: 
  • ANAHEIM, Calif., May 2, 2023 /PRNewswire/ -- Hino Trucks has signed a distribution agreement with Hexagon Purus to exclusively distribute a complete battery electric tractor.
  • During the ACT Expo Show, Hino Trucks displayed an early development prototype of this said vehicle.
  • Production of this electric heavy-duty model tractor is projected to begin the last part of 2024, and will be distributed & serviced exclusively through select qualifying dealers within Hino Trucks' U.S. network.
  • Glenn Ellis, President of Hino Trucks, said, "Earlier this year, we debuted two new electric vehicles - the Hino Class 5 M5e cab over and Class 6 L6e conventional model.