- Procurement joint venture “HINO & TRATON Global Procurement GmbH” established as concretion of 2018 Strategic Cooperation Framework Agreement
- Hino President & CEO Yoshio Shimo: “Provide best products to customers through enhanced global optimum procurement capability”
- TRATON CEO Andreas Renschler: “Determinedly executing the Global Champion Strategy”
TRATON and Hino establish a procurement joint venture
Commercial vehicle manufacturers TRATON GROUP and Hino Motors, Ltd. have reached a further milestone in their strategic partnership aiming to offer customers the highest value: The two companies have established the procurement joint venture “HINO & TRATON Global Procurement” in order to maximize the global procurement synergies between the two companies. The joint procurement targets a wide range of parts and technologies whose purchasing contracts are made by the two companies. Through this partnership, HINO and TRATON anticipate an increased global footprint, in particular in Europe and Asia, resulting in an expanded supplier base.