Hino Motors ownership change

APIOQM

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Ottawa, ON
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NA Miata, FB2 Civic, J250 Land Cruiser
A bulk of our Land Cruiser 250s are assembled by Hino Motors at their Hamura plant in Tokyo. Hino used to be a subsidiary of Toyota who owned 50.1%. As of this year, Hino has been moved to a holding company called Archion, with equal ownership by Toyota and Daimler Truck. It is somewhat disappointing that Toyota is no longer a majority owner. Interestingly, the Hamura plant will now be owned and operated by Toyota, with Hino truck assembly moving elsewhere.

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Kind of buries the lead though, no? Whether or not Toyota retains majority ownership of a distinctly separate brand (Hino) is of little consequence to the consumer. The fact that the Hamura plant is now exclusively one of Toyota’s should be a sort of reassurance, especially considering the speculative claims of Tahara built trucks being, at least anecdotally, more reliable. If I haven’t misspoke, I’d call this a win for anyone interested in future LC purchases. So why disappointment?

I assure you my intent is not an argument. I’d like to understand is all, and maybe learn something I don’t know.
 
Disappointed that Toyota is relinquishing full control of a good truck company. As for the Hamura plant, Toyota taking over can only be good, but most likely inconsequential. I bet all the workers on the Toyota assembly lines will be retained, the only change being the patch on their uniform.
 
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After a bit of research, it looks like this was surgical, and Toyota was removing a tumor post-settlements.
 
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