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GAC Hino

From Wikipedia, the free encyclopedia
GAC Hino Motors Co., Ltd.
Company typeJoint venture
IndustryAutomotive
Predecessors
  • Shenfei Hino
  • Yangcheng Auto
FoundedDecember 2007
Headquarters,
China
Area served
China
Key people
Toshiro Yasuda (general manager)[1]
ProductsTrucks
Production output
Decrease 3,190 (2020)[2]
Owners
Chinese name
Simplified Chinese广汽日野汽车有限公司
Traditional Chinese廣汽日野汽車有限公司
Transcriptions
Standard Mandarin
Hanyu PinyinGuǎngqì Rìyě Qìchē Yǒuxiàn Gōngsī
GAC Hino
Simplified Chinese广汽日野
Traditional Chinese廣汽日野
Transcriptions
Standard Mandarin
Hanyu PinyinGuǎngqì Rìyě
Websitewww.ghmcchina.com

GAC Hino is a joint venture between Hino and GAC aimed at producing Hino-based trucks and headquartered in Guangzhou, China, where it has its single assembly facility.

The venture emerged from the merging of two previous Chinese automotive companies: Yangcheng Auto and Shenfei Hino.

History

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Hino's early involvement in China

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In 1978, Hino established a partnership with the Chinese car manufacturer FAW by providing technical assistance on medium trucks to it, mostly for improving FAW's Soviet era Jiefanghao range. The first direct involvement in China from Hino was in 2003, when they set up an engine plant in Shanghai.[3]

Shenfei Hino

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In 1980, the state-owned enterprise Shenfei Group established a bus manufacturing company at Shenyang named as Shenyang Shenfei Automotive[4] (organised as a limited company in December 1993).[5] In December 2002, Shenfei, Hino, and Toyota Tsusho agreed to re-incorporate the company as a joint venture, Shenyang Shenfei Hino Automotive Manufacturing Co., Ltd. (Shenfei Hino), focused on producing Hino buses. At the end of 2003, the joint venture completed a new bus assembly facility.[4]

Yangcheng Auto

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In 1958, the Guangzhou municipal government established the Guangzhou Yangcheng Automotive Plant,[6] later renamed as Yangcheng Auto Company as it became a joint venture between GAC and Hong Kong Zhonglong Investment Company.[7] It built Isuzu-based light trucks and other commercial vehicles.[8]

Creation of GAC Hino

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Both Yangcheng Auto and Shenfei Hino had low sales.[8] In December 2007, GAC and Hino formed the GAC Hino joint venture (an equally-owned venture) by absorbing and reorganising Yangcheng and Shenfei Hino.[9] Both bases (Shenyang and Guangzhou) were kept by GAC Hino until a new facility for producing trucks (the Conghua plant) were completed in Guangzhou. GAC Hino also kept on managing the Yangcheng lineup.[10] In 2008, GAC announced it planned to put Yangcheng production under the GAC marque.

In mid-2009, after some GAC problems, the new Guangzhou plant started operations,[8][11] producing variants of the Hino 700.[3] That same year, the company also relaunched bus production at Shenyang. In 2016, the Shenyang operations stopped assembly and were dissolved, following constant yearly losses.[5]

In the period between 2009 and 2011, GAC Hino products were only available in Guangdong and the company could keep a production volume of over 1,000 vehicles because the 700 truck was designated for building infrastructure of the 2009 East Asian Games.[3]

On January 24, 2024, GAC Group and "Guangzhou Hydrogen Cloud New Energy Technology Investment" acquired 39.72% and 5.45% equity stakes in GAC Hino held by Hino Motors for CNY 29.69 million and CNY 4.0739 million, respectively. After the equity adjustment, GAC Group, Hino Motors, and Hydrogen Cloud New Energy hold 89.72%, 4.83%, and 5.45% of the shares, respectively.[12]

Products and facilities

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The Guangzhou's Conghua plant is the only production base of GAC Hino and has two assembly lines for heavy trucks with a maximum capacity of 20,000 units per year. It produces approximately 5,000 units per year on average. The plant uses the same multi-skilled work system as the Hino's Hamura plant in Japan.[3]

As of 2021, the plant produces the Hino 700 on different configurations.[13]

References

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  1. ^ "GAC HINO 700 Family Welcomes New Generation". CSCTrucks.com. 3 November 2020. Retrieved 27 April 2021.
  2. ^ "Report on Production and Sales Volume of Guangzhou Automobile Group Co., Ltd. for December 2020" (PDF). GAC. Retrieved 27 April 2021 – via HKEX News.
  3. ^ a b c d Wang, Zhongqi; Suh, Youngkyo (2021). "Multiskilled labor management of Japanese commercial vehicle makers in the Chinese market: the cases of Hino and Isuzu". Annals of Business Administrative Science. 20 (1). Global Business Research Center: 7–9. doi:10.7880/abas.0201201a. ISSN 1347-4456.
  4. ^ a b "New Factory of Shenyang ShenfeiHino Automobile Co. Put into Production". chinabuses.com. 15 December 2003. Archived from the original on 26 April 2021. Retrieved 26 April 2021.
  5. ^ a b "广汽解散日野沈阳子公司 首个跨省汽车重组失败" [GAC dissolves Hino's Shenyang subsidiary, the first inter-provincial auto restructuring fails]. Sohu (in Chinese). 19 May 2016. Retrieved 26 April 2021.
  6. ^ Ye, Min (2014). "China's electronics and automobiles". Diasporas and Foreign Direct Investment in China and India. Cambridge University Press. p. 171. ISBN 978-1-107-05419-6.
  7. ^ "广汽日野汽车有限公司" [GAC Hino Motors Co., Ltd.]. 163.com (in Chinese). Retrieved 27 April 2021.
  8. ^ a b c Ouaknine, Joest Jonathan (14 September 2009). "Chine: naissance de Guanqi-Hino" [China: birth of Guanqi-Hino]. Le Blog Auto (in French). Retrieved 27 April 2021.
  9. ^ "Hino, Guangzhou Auto start JV". Japan Times. 19 December 2007. Retrieved 27 April 2021.
  10. ^ "广汽日野汽车有限公司成立 广汽重组商用车业务" [GAC Hino Motors Co., Ltd. established. GAC reorganises its commercial vehicle business]. 163.com (in Chinese). 25 December 2007. Retrieved 27 April 2021.
  11. ^ "广汽日野项目7月投产" [GAC Hino project put into production in July]. National Business Daily (in Chinese). 14 April 2009. Retrieved 27 April 2021.
  12. ^ "寻求商用车增量:广汽集团增持广汽日野 - 21经济网". www.21jingji.com. Retrieved 2024-01-26.
  13. ^ "Product center" (in Chinese). GAC Hino. Retrieved 27 April 2021.