Hino Motors says Indonesia, Thailand growth slowing; may miss sales targets

Newswire

TOKYO, Sept 27 (Reuters) - Japanese truck maker Hino Motors Ltd is likely to miss its sales targets in Indonesia and Thailand this financial year because of slowing economic growth and increasing competition, its president said on Friday. Hino, 50.1 percent owned by Toyota Motor Corp, still expects sales in its second- and third-largest markets after Japan to grow year-on-year, though the pace of growth is slowing, President Yasuhiko Ichihashi told Reuters. He ...

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