Hino, Shanghai Diesel to form engine jv in China

Newswire

TOKYO, Sept 19 (Reuters) - Japanese truck maker Hino Motors Ltd said on Friday it would form a joint venture with Shanghai Diesel Engine Co Ltd to build and sell large diesel engines to Chinese truck makers. The 50-50 venture, called Shanghai Hino Engine, is Hino's first overseas company dedicated solely to the manufacture and sale of engines. The new company will build a factory in Shanghai with annual output capacity of 15,000 units, aiming for a November 2004 start. It plans to sell ...

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