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ACT Expo 2024: Hino, Hexagon Purus introduce zero-emission Tern Trucks in U.S.
On May 20, at the Advanced Clean Transportation (ACT) Expo, Hino Trucks announced they are the exclusive distributor for Tern, a new zero-emission Class 8 truck nameplate born in collaboration between Hexagon Purus, a world leading manufacturer of zero-emission mobility and infrastructure solutions, and Hino Trucks,
31st GAIKINDO Indonesia International Auto Show to run from July 18-28
Announced on May 8, 2024, the Association of Indonesia Automotive Industries will hold the 31st GAIKINDO Indonesia International Auto Show (GIIAS), running from July 18-28, 2024, at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang Regency (Banten).
Various brands of passenger vehicles, commercial vehicl
Toyota reports operating profit of JPY 5.4 trillion for FY2023, expanding investment for future in FY 2024
On May 8, 2024, Toyota announced its consolidated sales revenues for the fiscal year ended March 31, 2024 (April 1, 2023 through March 31, 2024) increased by 21.4% year-on-year to JPY 45,095.3 billion. Operating income increased by 96.4% year-on-year (YoY) to JPY 5,352.9 billion, while net profit increased 101.7% to
BYD interested in TransMilenio tender and plans for bus assembly in Colombia
On May 2, it was announced that BYD is interested in a tender for electric buses for the Colombian passenger transport company, TransMilenio.
To compete in this tender, BYD has articulated and bi-articulated buses that have already been tested in the country, although BYD is willing to carry out new tests since the c
Flash Report: Hino posted an operating loss of JPY 8.1 billion in its financial results for the full 2023 fiscal year
Hino's FY2023 full-year financial results were announced.
Sales increased 0.6% YoY to JPY 1,516.3 billion. This was a JPY 8.9 billion increase over the previous year's JPY 1,507.3 billion.
Operating loss was JPY 8.1 billion. While the previous year's operating income was JPY 17.4 billion, the company posted an oper
Honda announces investment of BRL 4.2 billion in Itirapina, Brazil
On April 19, Honda announced that it will invest BRL 4.2 billion in the operation of cars in Brazil, more precisely in the Itirapina plant. The investment cycle covers the period 2024-2030.
The contribution occurred after the meeting of the president of the automaker in South America, Arata Ichinose, with President L
Toyota launches all-new Land Cruiser 250 series in Japan
On April 18, Toyota Motor Corporation (Toyota) announced the addition of the all-new 250 series to the Land Cruiser lineup in Japan. Prices start at JYP 5.2 million.
The all-new 250 series is the core model of the current three Land Cruiser series and was created with the role and mission of supporting people's lives
FESCO to provide finished vehicles and vehicle kits of HAIMA brand from China to Russia
On March 19, the FESCO transport group announced that it will provide supplies of finished vehicles and vehicle kits of the HAIMA brand from China to Russia and the CIS. FESCO signed an agreement with MVL AVTO LLC, which is the official distributor of Haima in Russia.
FESCO and MVL AVTO LLC will work on issues in the
Mitsubishi Fuso and Hino merger to postpone; 4 firms including Daimler Truck and Toyota to continue collaboration
On February 29, Daimler Truck, Mitsubishi Fuso Truck and Bus (MFTBC), Hino Motors and Toyota gave an update on the progress on the collaboration based on the MoU on merging MFTBC and Hino, that was concluded in May 2023.
The parties explained that while the Definitive Agreement for merging MFTBC and Hino was targeted
Hino South Africa to increase solar roof panels in plant for renewable energy
On February 12, Hino South Africa announced that it is making substantial progress in addressing environmental challenges at its manufacturing plant in Prospecton, near Durban. In 2024, it is planning to double the energy output from its solar roof panel project, as well as targeting to divert 81% of factory waste fr