Hino partners with Volkswagen Truck & Bus

Commercial vehicle manufacturer, Hino Motors, has signed an agreement with Volkswagen Truck & Bus to cooperate in logistics and traffic solution research as well as explore new technologies and procurement.

According to Hino, the evaluation of technology cooperation will focus on conventional powertrains, hybrid and electric powertrains, and connectivity and autonomous driving systems.

A joint Alliance Board has reportedly been set up based on the Strategic Cooperation Framework Agreement (SCFA) to discuss the direction of the long-term partnership. The Alliance Board pursues a pragmatic approach with a lean organisation and balanced rights for both companies that remain independent, comprising the CEOs from both companies as well as senior management representatives.

“This agreement was made possible because Hino Motors and Volkswagen Truck & Bus respect each other and share the same aspiration to offer customers the highest value,” said Hino Motors President and CEO, Yoshio Shimo.

“Hino Motors invented the company slogan ‘Trucks and Busses that do more’.

“To do justice to that, Hino Motors will pursue regional business cooperation and joint utilisation of technologies with Volkswagen Truck and Bus to offer customers better products and ultimately customised total support.

“It will also be a strong tie-up at times of new challenges in the field of transportation due to the rapid growth of e-commerce,” he said.

Volkswagen Truck & Bus CEO, Andreas Renschler, said he is delighted team up with Hino Motors, “one of the leading truck and bus companies, whose presence is especially strong in Asia”.

“It is an excellent fit in terms of regional footprints and products, but also concerning common ideas on how to shape the future of transportation together,” said Renschler.

“The cooperation with Hino Motors will also contribute to our strategy to become Global Champion in the transportation industry by providing the highest value to our customers,” he said.

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