Hino Motors relaunched
After 40 years of milestones and leadership in the commercial bus and trucking segment, expect a stronger and more globally-attuned Hino brand as Pilipinas Hino Inc., the exclusive distributor of Hino trucks and buses in the country, progresses its growth targets under a new corporate name, Hino Motors Philippines Corp.
Via a new Joint Venture Agreement, investing partners Hino Motors Ltd. and Marubeni Corp. of Japan now hold majority shares in HMP, with increased equity shares of 70 percent and 20 percent, respectively, with the Filipino partners holding 10 percent.
HMP is mainly engaged in the assembly and distribution of quality Hino trucks and buses, distribution of genuine Hino spare parts and supply of other automotive-related products and quality full maintenance after sales.
Present during the recent corporate relaunch at the New World Hotel were the top brass of HMP led by chairman Vicente T. Mills, Jr., Hiroshi Aoki (president), Koji Ota (VP/marketing and assistant to the president), Susumu Myokan (VP-Treasurer), Augusto S. Salcedo (VP/general sales manager), Felipe S. Barroga (VP/comptroller), Mario N. Regala (VP/Manufacturing)–and members of the media.