Hino, Scania sign co-op agreement (April 11, 2002)
MISSISSAUGA, Ont. — Hino Motors, of Japan and Scania AB, the Swedish manufacturer of heavy trucks and buses, have signed a strategic co-operation agreement.
The deal establishes a long-term plan aimed at increasing the market potential for both companies.
The first stage of the agreement calls for co-operation in three areas. The first is a pilot introduction of Scania tractors, marketed by Hino on the Japanese market. The second is a joint evaluation of the potential use of Hino seven- and eight-litre engines in some Scania vehicles. Finally, there will be an exchange of emission control technology and know-how for environmental protection.
“This agreement demonstrates that Hino is energetically pursuing alliances to ensure that we are competitive and remain on the leading edge of technological advances,” says Alan Masters, vice-president of Hino Diesel Trucks Canada Ltd.
“The pooling of know-how in emission control technology, to further reduce the environmental impact of diesel engines will be a great additional benefit.”
Last year Scania sold 32,000 units in Europe and 6,000 in Latin America.
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