Location:Chinatrucks >
news >
industry news > Facing rising raw material costs, Hino truck may vehicle prices
Facing rising raw material costs, Hino truck may vehicle prices
Date:2008-06-26
Hino Motors Ltd., Japan's largest maker of heavy trucks, may increase domestic vehicle prices because of rising raw material costs.
``We can't fully absorb surging raw material costs even though we are making efforts,'' Yoshihiro Udagawa, a company spokesman said in a telephone interview today. He declined to comment on when or by how much the company will raise prices.
Hino and Mitsubishi Fuso Truck & Bus Corp. will this year increase the prices of trucks by 3 percent to 5 percent because of the rising cost of steel, resins and other materials, the Nikkei newspaper said today. Isuzu Motors Ltd. is also considering lifting prices, it said.
Views:0
share:
China Trucks International Promotion
Submit Your Requirements, We Are Always At Your Service.
Related China Trucks News
- Sarawak Roadtour with CAM CO-STAR: A Marketing Showcase for Bus Travel 2025-06-16
- Companies in China assist in disaster relief 2008-05-15
- GM To Cut North American Logistics Costs By $1 Billion By 2016 2013-12-27
- Logistic Cost Accounting for 18% in GDP 2013-08-16
- Rising costs to mute profits for transportation sector in 2011 2011-11-30
- Freight Costs Increase for Canadian Shippers 2011-10-31
- Roewe, MG Sales Teams merged To Cut Cost 2009-02-19
- India truck strike over fuel cost 2009-01-09
- Low-speed vehicles facing cost challenges 2008-07-23
- Toyota, Daimler Truck Finalize Deal to Merge Hino and Mitsubishi Fuso 2025-06-11
Hot News
- Foton, COSCO Shipping Move to Secure Capacity as China’s CV Exports Rise
- The 11th DISCOVERY TRUST Awards Successfully Held in Beijing, China
- Chinese Heavy Truck Makers Shift to Value-Driven Global Expansion
- Shandong Heavy Industry and Kazakhstan’s Karaganda Region Ink New Deal
- China’s Diesel Trucks are Shifting to Electric
- Indonesia’s State-led Firm Set to Purchase 320,000 Vehicles
- SANY Truck and Pony.ai to Mass-Produce Gen-4 Autonomous Trucks in 2026
- FOTON Boosts Local Manufacturing in South Africa
- Office Closure for National Day Holiday
- FORLAND Rolls Out Its 6.8 Millionth Vehicle
Recommended Brands[more]
Recommended Trucks[more]
China Truck Statistics
- China Heavy Truck Sales Fall to 73,600 Units in February
- China’s Medium-Duty Truck Sales Fall to 8,125 Units in February, 2026
- China’s February Light Truck Sales Fall 23% to 117,200 Units
- China’s Mini Truck Sales Rise 15% in February to 41,500 Units
- China’s Light Truck Market Rises 8% in January 2026 to 323,500 units
- China’s Pickup Sales Reach Five-Year January High as Market Momentum Builds
- Heavy Truck Sales Soar 46% to 105,400 Units in January 2026
- January Medium Truck Sales Hit 14,100, Up 33%
- China’s Truck Exports Top 1 Million Units for the First Time in 2025
- China Tractor Truck Sales Up 54% in Dec., 2025 Full-Year Sales 460,000 Units
