Hino Trucks Announces New U.S. Organization

Orangeburg, N.Y. – In a move aimed at increasing its presence in the U.S. truck market, Hino Motors Ltd. has announced a restructuring of its distribution company, Hino Diesel Trucks (U.S.A.), Inc. (HDT).

As part of this effort, Hino has entered into an investment agreement with PCP Holdings, Inc., a wholly owned subsidiary of Penske Corporation along with its existing partners in HDT, Mitsui & Co., Ltd., Mitsui & Co. (U.S.A.), Inc.  A formal agreement was signed May 24.

HDT will build a nationwide sales and service network that will offer a new
line of conventional medium-duty trucks incorporating leading edge Hino Diesel engines and American-produced driveline components.

“This organization will offer products and services providing a new level of
quality and dependability for the North American market,” said Mitsuo Kikuchi, president of HDT. “We want to introduce products and services that
simply make better business sense for our customers.”

As part of the new organization HDT has named Derek Kaufman as senior vice president of Sales, Marketing and Customer Support. Kaufman brings 25 years of heavy transportation experience to Hino including customer-focused roles with Euclid, Freightliner and Penske Corporation.