The Hino 500 Series medium-duty truck is likely to be available in India by June this year
According to a report on Bloomberg, Hino Motors, a wholly-owned subsidiary of Toyota Motor Company, will soon be setting up operations in India. A commercial vehicles manufacturer, Hino will be importing some of its bestselling trucks from its plant in Thailand, and sell these in India as CBUs.
Hino Motors would be entering the Indian market via a joint-venture with the Marubeni Corporation, and the company will be named Hino Motors Sales India Pvt. Ltd., with Hino and Marubeni holding 65 percent and 35 percent respectively.
The first Hino trucks to come to India would be its 500 Series, which will be available in various configurations for different off-road and on-road applications. Hino’s 500 Series truck for India will be fitted with a six-cylinder engine that makes up to 250bhp, and this engine would be mated to a five-speed manual gearbox.
While Hino trucks will be imported to India from Thailand, these will be fitted with India-spec wheels, tyres and suspension in order to deal with the local road conditions. The engines would be Euro IV compliant and fuel efficiency is likely to be better than other existing trucks in India.
Headquartered in Mumbai, Hino India will aim at selling at about 2,000 trucks in its first year of operations, and the company will soon start the process of establishing dealerships throughout the country. Hino vehicles are likely to go on sale in India by June 2009.
Depending on the response its gets for its 500 Series, Hino may later decide to also get its 300 Series and 700 Series trucks to India, followed by its luxury buses. The company may also set up an assembly unit in the country if demand warrants.
Source:http://www.indiaautomotive.net/2008/09/hino-trucks-to-come-to-india-by-mid.html