MISSISSAUGA, Ont. — Hino Motors Ltd. recently announced a restructuring of its distribution company, Hino Diesel Trucks (U.S.A.).
As part of this effort, Hino has entered into an investment agreement with PCP Holdings. Inc., a wholly owned subsidiary of Penske Corporation, along with its existing partners in Hino Diesel Trucks, Mitsui & Co., Ltd. and Mitsui & Co. (U.S.A.), Inc. A formal agreement was signed late in May.
Hino Diesel Trucks will build nationwide sales and service network offering a new line of conventional medium duty trucks incorporating leading edge Hino diesel engines and U.S. produced driveline components.
“This organization will offer products and services providing a new level of quality and dependability for the North American market,” said Mitsuo Kikuchi, President of HDT. “We want to introduce products and services that simply make better business sense for our customers.”
Hino is a manufacturer of medium and heavy-duty diesel cab-over trucks. Hino vehicles have been manufactured in Japan since 1910 and are distributed to customers in 142 countries. Hino Diesel Trucks (U.S.A.) Inc. is based in Orangeburg, N.Y. and is the U.S. distribution company for Hino Motors of Tokyo. Hino Diesel Trucks (Canada) Ltd. is based in Mississauga, Ont.
The company has been part of the Canadian trucking industry for nearly 30 years and continues to grow at a steady pace, supplying operators with class 4, 5, 6, and 7 mid-range diesel trucks. All Hino trucks brought into Canada are manufactured at the plant at Hino City in Japan. Hino maintains an inventory in Canada and despite the distance between the two countries, can move vehicles directly from the factory to Canada in 90 days. The company has an established national network of dealers to meet customers’ sales, service and parts needs. Since 1997, Hino diesel truck sales have increased dramatically in Canada, say company officials.
For more information visit www.hinocanada.com .
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