VW Truck & Bus Enters Cooperation with Hino Motors
Germany’s Volkswagen Truck & Bus and Hino Motors of Japan, the Toyota division that makes trucks, buses and light commercial vehicles, have signed an agreement to cooperate in a range of fields including procurement, technology, logistics and transport.
The companies are looking to work together on procuring products and non-product related material, and new technologies of most interest to them are powertrains for hybrid and battery electric commercial vehicles, and technology for connected vehicles.
Hino’s president and CEO, Yoshio Shimo, said his company would pursue regional business cooperation and joint utilisation of technologies with Volkswagen Truck & Bus to offer customers better products and what he described as “customised 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,” he added.
By joining forces, the companies argue, they will each be able to expand their respective global footprints and move ahead in tackling the industry’s challenges.
Speaking on that theme at a joint press conference announcing the partnership, Shimo said: “The rapid expansion of e-commerce and other businesses has created a shortage of drivers. At the same time, we are also seeing an aging of drivers.
Following on from that point, CEO of Volkswagen Truck & Bus Andreas Renschler, commented: “Our customers have to earn their living with our products, meaning that our trucks and buses are a vital factor in their value-creation process. And this is precisely what we are aiming to continue improving together in the interest of our customers.”
As part of what is dubbed a strategic cooperation framework agreement, the companies have set up a joint alliance board to discuss how the partnership will develop, adopting a pragmatic approach with a lean organisation and equal rights. The companies will remain independent in what they describe as an eye-level partnership.
At the press conference, Shimo also said the board would be charged with forecasting shifts in future logistics, traffic and business systems, as well as conducting feasibility studies into potential future collaboration. (www.chinatrucks.com)
Views:0
- JAC and VW Cooperation Process 2020-07-30
- VW to Increase Its Stake in JAC Joint Venture from 50% to 75% 2020-07-23
- VW Offers $2.9bn for Control of US Truckmaker Navistar 2020-02-04
- VW and Ford Launch Global Alliance to Build Medium-duty Trucks and Vans 2019-01-24
- JAC and VW's Seat Join Forces to Develop EV Platform in China 2018-11-30
- IAA 2018: VW Unveils Hydrogen-powered Crafter HyMotion Van Concept 2018-09-27
- VW's Traton Announces JV for Electrified Trucks with Hino 2018-09-25
- VW Partners with JAC to Form Light Commercial Vehicles JV 2017-11-30
- VW Wants to Fill the Roads with Electric Trucks and Buses 2017-10-20
- VW Teams Up with Navistar to Introduce Medium-Duty Electric Truck in 2019 2017-09-30
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021