TRATON AG and Hino Motors Ltd. (“Hino”) today announced new details on their strategic partnership. Both partners have agreed on two strategic initiatives: to join forces in e-mobility and the plan to establish a procurement joint venture.

TRATON AG and Hino Motors Ltd. (“Hino”) today announced new details on their strategic partnership. Both partners have agreed on two strategic initiatives: to join forces in e-mobility and the plan to establish a procurement joint venture.

  • Companies to deepen their strategic partnership further to leverage synergies
  • Cooperation in e-mobility to advance sustainable powertrains and speed up product development
  • Signed framework agreement for future joint venture aiming at realizing synergies in global procurement
  • Yoshio Shimo: “Hino and TRATON share the same motivation of providing highest value for our customers. Today’s announcement is our important first step.”
  • Andreas Renschler: “Our partnership is taking concrete shape, and we are continuously identifying new opportunities.”

TRATON AG and Hino Motors Ltd. (“Hino”) today announced new details on their strategic partnership. Both partners have agreed on two strategic initiatives: to join forces in e-mobility and the plan to establish a procurement joint venture.

On April 12, 2018, TRATON and Hino had agreed to enter a strategic partnership to benefit customers, society, and both partners. Since this agreement, both companies have established working level committees and explored cooperation opportunities in existing and new technologies as well as in procurement. The strategic initiatives announced today are a result of these evaluations.

Yoshio Shimo, President & CEO of Hino Motors, Ltd. said: “The last couple of months have confirmed what we sensed when we announced our partnership in spring 2018: Hino and TRATON share the same motivation of providing highest value for our customers. I am delighted that we made good progress in the field of e-mobility and procurement. With every new meeting, I gain confidence that we are moving in the right direction to strengthen our relationship of trust and to pursue further possibilities. Today’s announcement is our important first step.”

Andreas Renschler, CEO of TRATON AG and member of the Management Board of Volkswagen AG responsible for Commercial Vehicles, said: “The partnership between TRATON and Hino will be a source of strength for both of us. Our sector is changing. Together, we will be able to shape the ongoing transformation of transportation. Our partnership is taking concrete shape, and we are continuously identifying new opportunities. The cooperation in e-mobility and the establishment of a procurement joint venture is just the beginning.”

In e-mobility, TRATON and Hino plan to share their development efforts and market products in shorter time. Hino has a history of more than 25 years in electrified vehicles and the largest running fleet of hybrid commercial vehicles in the world.Also, Hino will start sales of a heavy-duty hybrid truck (Hino PROFIA Hybrid) with an AI-based hill anticipation hybrid control system in Japan next year.The partners have complementary approaches: while TRATON is focused on heavy-duty applications, Hino focuses on light- and medium-duty trucks. Joining forces will strengthen the innovation power of the partners.

The future procurement joint venture with balanced rights is planned as a small but powerful entity between both parties, leveraging synergies in purchasing. The planned joint venture aims at realizing synergies in global procurement for existing parts as well as parts for new technologies. More details of the planned joint venture will be outlined in the upcoming months. A corresponding framework agreement has already been signed, filing for antitrust clearance is the next step in the process aiming to establish the joint venture company in latter half of 2019.

Over Volkswagen Belgium

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D'Ieteren, opgericht in 1805 en verder uitgebouwd over verschillende familiegeneraties heen, streeft groei en waardecreatie na dankzij een langetermijnstrategie voor zijn ondernemingen op internationaal niveau, alsook een actieve stimulering en ondersteuning zodat deze ondernemingen zich kunnen ontwikkelen als marktleider in hun sector of in hun regio's. De Groep heeft momenteel drie activiteiten die opgebouwd werden rond sterke merken:

  • D'Ieteren Auto verdeelt in België de voertuigen van de merken Volkswagen, Audi, SEAT, Škoda, Bentley, Lamborghini, Bugatti, Porsche en Yamaha. Het is de grootste autoverdeler in België, met een marktaandeel van ongeveer 21% en 1,2 miljoen voertuigen in omloop. De omzet en het aangepaste bedrijfsresultaat bedroegen respectievelijk 3,4 miljard EUR en 113,0 miljoen EUR in 2018.
  • Belron (voor 54,10% eigendom) streeft een duidelijke doelstelling na: “het verschil maken door de problemen van klanten met veel zorg op te lossen”. Belron is de wereldleider in de herstelling en vervanging van voertuigbeglazing. De onderneming is actief in 35 landen, via volle dochterondernemingen en franchises, met marktleidende merken – zoals Carglass®, Safelite® en Autoglass®. Daarnaast beheert Belron voertuigbeglazings- en andere verzekeringsclaims in naam van verzekeringsklanten. De onderneming breidde haar diensten ook uit tot de sector van de herstelling en vervanging van voertuig- en woningschade. De omzet en het aangepaste bedrijfsresultaat bedroegen respectievelijk 3,8 miljard EUR en 225,7 miljoen EUR in het boekjaar 2018.
  • Moleskine (voor 100% eigendom) is een premium en inspirerend lifestyle merk. Het bedrijf ontwikkelt onder een iconisch merk notebooks en schrijf-, reis- en leesaccessoires die in meer dan 115 landen worden verkocht via een multi-channel distributiestrategie. De omzet en het bedrijfsresultaat bedroegen respectievelijk 174,1 miljoen EUR en 28,6 miljoen EUR in 2018. 


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