Hino, Penske ink deal

July 1, 2003
Japanese truck manufacturer Hino Motors Ltd. says it is reorganizing its U.S. operations following an unspecified investment by a subsidiary of Penske Corp. In a brief statement released early last month, the company said the restructured Hino Diesel Truck U.S.A. (HDT) would build a nationwide sales and service network to market a full line of conventional trucks combining Hino diesel engines and

Japanese truck manufacturer Hino Motors Ltd. says it is reorganizing its U.S. operations following an unspecified investment by a subsidiary of Penske Corp.

In a brief statement released early last month, the company said the restructured Hino Diesel Truck U.S.A. (HDT) would build a nationwide sales and service network to market a full line of conventional trucks combining Hino diesel engines and U.S. drivetrain components.

Derek Kaufman, a name well known in the industry for his sales and marketing career with Freightliner and various Penske Corp. subsidiaries, has been named senior vice-president of sales, marketing and customer support.

Although there has been no formal announcement, it is presumed that the re-organization will also include establishment of U.S. production facilities.

Based in Orangeburg, NY, Hino's U.S. organization currently markets Class 4-7 cabovers through dealers in 31 states and Puerto Rico. Toyota Motor Corp. owns a 50.1% stake in the parent, Hino Motors.

Sponsored Recommendations

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry at our April 16th webinar, where experts will share insights on competitive pay...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

Stop Sweating Temperature Excursions

Advanced chemical indicators give you the peace of mind that comes from reliable insights into your supply chains. Compromised shipments can be identified the moment they arrive...

How Electric Vehicles Help You Prolong the Life of Your Fleet

Before adopting electric vehicles for commercial/government fleets, prioritize cost inquiries. Maintenance is essential; understand the upkeep of EV fleets. Here’s what you need...

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!