Hino Trucks will expand its product offerings to include Class 8 vehicles, starting in 2019, the company said this week.
The company, primarily known for its medium-duty trucks in the U.S., will invest $100 million into a West Virginia plant to expand production capabilities. Hino Motors Manufacturing is a Toyota company. The plant, in Mineral Wells, WV, will also house cab assembly, an operation currently conducted in Japan.
“The new plant, which is four times the size of our current plant, will allow us to combine several assembly operations under one roof which will provide significant efficiency gains” noted Hino Motors Manufacturing U.S.A. President, Takashi Ono.
The plant will produce Hino’s current lineup of conventional trucks as well as a new line of Class 7 and 8 trucks. The truck will be powered by Hino’s proven A09, 9L engine. Already sold in many other markets around the world, the Hino A09 engine will have a horsepower range from 300-360. Hino is planning a public reveal of the new truck at the 2018 NTEA Work Truck Show.
“These are truly exciting times for Hino in the U.S. Our growth and customer acceptance in the Class 4-7 market are enabling us to introduce wider variety of products” stated Yoshinori Noguchi, CEO of Hino North America.
Did you know?
The inaugural North American Commercial Vehicle Show this week in Atlanta was expected to attract more than 10,000 attendees with more than 5,000 people registered at exhibitors and not counted in that total.
“For shippers who treated carriers as partners during the 2015/2016 timeframe, it appears as though most carriers are willing to work with shippers to build rate increases into 2018 budgets so that rates can be adjusted upward upon the expiration of contracts currently in force. We expect these rate increases to be in the mid-single digit range. Those shippers that were excessively aggressive in demanding price reductions when supply exceeded demand, will not be extended this courtesy.”
– John Larkin, Stifel
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Hino Trucks will introduce a Class 7 and 8 vehicle in 2019. Expected to have its public reveal next spring at the NTEA Work Truck Show, the vehicle will enter a crowded landscape with established players. It will be interesting to see how Hino positions the model for success.
Hammer down everyone!