Hino signs deal with Scania<\/p>\n
TOKYO: Hino Motors Ltd of Japan and Sweden's Scania said on
\nMonday they had signed a cooperation pact aimed at filling out
\ntheir truck line-ups and sharing the high development costs of
\neco-friendly technology.<\/p>\n
Areas of cooperation under current consideration include the
\nselling of Scania tractor-trucks in Japan under the Hino brand,
\nthe use of Hino engines in some Scania vehicles and the exchange
\nof emission-control technology.<\/p>\n
The first seeds of cooperation are expected to bear fruit
\naround 2004 or 2005 and long-term, the two hope to expand their
\nties with the development of truck sales in growing markets like
\nSouth East Asia and China.<\/p>\n
\"We are not going to go anywhere just in Japan. Looking at
\nemerging markets, we can go global with Scania, which doesn't
\nhave medium-duty trucks,\" Hino president Tadaaki Jagawa told a
\nnews conference.<\/p>\n
Hino, which is 50 percent owned by Toyota Motor Corp, is for
\ninstance looking at the U.S. market while Scania is not, he
\nadded.<\/p>\n
Both companies also stressed that the pact did not include a
\ncapital alliance between the firms. -- Reuters<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/hino-signs-deal-with-scania-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
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