UPDATE 1-Hino, Guangzhou China JV to start output in 2009

Newswire

(Adds details) TOKYO, Dec 18 (Reuters) - Japanese truck maker Hino Motors Ltd and China's Guangzhou Automobile Group said on Tuesday they formed a joint venture in China and aimed to begin production at a new factory in Guangzhou in mid-2009. Hino, the truck unit of Toyota Motor Corp , and Guangzhou Auto earlier this year won regulatory approval to make trucks and buses in China, and to restructure two existing automakers in which Hino and Guangzhou Auto have equity. The new 50-50 ...

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