Hino says only Toyota could buy into Scania-report

Newswire

STOCKHOLM, July 30 (Reuters) - Japan's Hino Motors Ltd , which earlier this year signed a cooperation deal with Swedish truck maker Scania , will not buy a stake in Scania but it's owner Toyota might, a Swedish newspaper reported on Tuesday. Hino's Deputy Chief Executive Kazuhiko Chiba told the business daily Dagens Industri that Hino was not in a financial position to buy the 45 percent stake Swedish heavy vehicles maker Volvo has in Scania . "We in Hino will not buy Volvo's stake in ...

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