Based on news from Trading Markets, Hino Motors - Japan’s major manufacturer of heavy duty trucks, is planning to export trucks to Russia and India in 2009. Hino aims to sell 10,000 units a year in each country.
Due to a construction boom and rapid economic growth, Russia has a growing need for trucks. According to Avtorevyu, Russia imported 39,469 trucks (new and used) in the first eight months of 2007.
The truck demand in India is growing at a rate of over 30% every year. Tata and Ashok Leyland are major truck makers in India. But there is clear demand for environment friendly trucks because of stricter pollution control rules. Hino is planning to tap that market.
For the time being, Hino will ship the trucks from Japan, but it will consider local assembly when unit sales reach 10,000 in each market.
This is a good news for our customers in Russia and India who import used Hino trucks, that they will soon have authorized Hino service centers in their countries.
