Info
Info

Volkswagen gets into a strategic partnership with Japan’s Hino motors

News

Hino Motors and Volkswagen Truck & Bus GmbH signed an agreement aiming to build a mutually beneficial strategic long-term partnership on eye-level.

Info

Based on their common ideas, both companies will further explore each other’s capabilities to cooperate in logistics and traffic solution research, existing and new technologies as well as in procurement. The evaluation of technology cooperation will focus on conventional powertrains, hybrid and electric powertrains, as well as connectivity and autonomous driving systems. Both partners aim to enhance their respective market positions in the global transportation business and will jointly develop innovative technologies to offer customers the highest value.

A joint Alliance Board has been set up based on the SCFA to discuss the direction of the long-term and eye-level partnership. The Alliance Board pursues a pragmatic approach with a lean organization and balanced rights for both companies that remain independent. It comprises the CEOs from both companies as well as additional senior management representatives.

Among other things, the Alliance Board will explore and evaluate cooperation in existing technologies, e.g. whether there is room for jointly utilizing conventional powertrains, to offer better products for customers. Furthermore, it will also evaluate initiatives for future transportation technologies.

Yoshio Shimo, President & CEO of Hino Motors, Ltd., said: “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. 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 utilization of technologies with Volkswagen Truck and Bus to offer customers better products and ultimately customized 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."
Andreas Renschler, member of the Board of Management of Volkswagen AG and CEO of Volkswagen Truck & Bus, said: “We are delighted to enter into the SCFA with Hino Motors as we are teaming up with 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. 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."

By joining forces in a strategic partnership, Volkswagen Truck & Bus and Hino Motors will be able to expand their respective global footprints and get into a superior position to tackle the challenges of the industry. Hino is a leading commercial vehicle manufacturer that has a strong presence in Asia and the Japanese markets and provides products to over 80 countries and regions including the USA. Volkswagen Truck & Bus features leading market positions in Europe and Brazil through its strong brands MAN, Scania, Volkswagen Caminhões e Ônibus and RIO. The company has also established partnerships with Navistar in North America and Sinotruk in China.


The Latest News, Brought To You By
Volkswagen gets into a strategic partnership with Japan’s Hino motors
Modified on Friday 13th April 2018
Find all articles related to:
Volkswagen gets into a strategic partnership with Japan’s Hino motors
TaaS Technology Magazine
Info
Volkswagen To Use Virtual Test Drives To Make New Assistance Systems Production-ready
Mercedes-Benz Vans Plans New Range For Autonomous Driving – Announces Far-reaching Mobility Cooperation With BASF
NVIDIA Announces Partnership With Simulation Specialist RFpro
Ford Launches The New Transit Custom PHEV
Hyundai Mobis Introduces Autonomous Driving Test Using 3D Game Technology
EVgo To Launch Mobile EV Fast Charging Stations
Total Acquires French EV Charging Company G2mobility
Faraday Future Appoints Jeff Risher As Vice President Of Product, Technology And IP Strategy
Meet Renault EZ-PRO: A Robo-vehicle AND A Concierge For Last Mile Delivery
Pony.ai Launches Its Self-driving System PonyAlpha
Groupe PSA To Offer An Electric Or Hybrid Option Across All Its Models Starting 2019
TuSimple Demonstrates Its Level 4 Automonomous Trucks
Enel X And Route220 Sign Agreement For Charging Network Interoperability
BMW And Daimler Plan To Headquarter Their Joint Mobility Company In Berlin
AT&T And Harman Partner To Launch Harman Spark
Lucid Motors Partners With Electrify America To Provide Its Customers With Access To Ultra-fast EV Charging
EVgo Accelerates Expansion Of Its Public EV Fast Charging Network
Volkswagen Presented The Chassis Of Its New Electric Model Family ID.
FPT Industrial Showcases Its Hydrogen Fuel Cell Powertrain Concept
Robert Bosch Venture Capital Invests In ABAX Sensing
Ford Starts Testing V2X On Public Roads In China
Porsche Engineering Introduces Modular EV Charging Technology
Here Technologies Opens New American Headquarters In Chicago
Audi Tests Autonomous Driving And Connected Infrastructure In China
Info
Info
×
Search the news archive

To close this popup you can press escape or click the close icon.
Logo
×
Logo
×
Register - Step 1

You may choose to subscribe to the TaaS Magazine, the TaaS Newsletter, or both. You may also request additional information if required, before submitting your application.


Please subscribe me to:

 

You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
 
X
Info
X
Info