TOKYO — As North American truck production yields, Hino Motors plans to build a new truck assembly plant in Guanajuato, Mexico aimed at international deliveries.
The facility, to be built in partnership with Japanese trading firm Mitsui, will open in 2009 and will reportedly have production capacity for 1,200 trucks, according to Bloomberg News. The company will assemble a new product there, the Hino 500 series.
Tokyo-based Hino will hold an 80 percent stake in the operation.
The truckmaker recently closed its main plant in Long Beach, Calif., and transferred that production to its West Virginia facility.
In Canada, where the medium-duty OEM is strong in class 5 and 6 marketshare, the company operates a manufacturing facility in Chatham, Ont.
It has been reported that Hino has cut annual production capacity in North America from 9,500 per year to 4,500.