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Mexican economy keeps on truckin’

12 August 2008

Still another automotive plant moving to Mexico.  This is the third or fourth announcement within the last year.  From TradingMarkets.com

Hino Motors, a subsidiary of Toyota Motor and a manufacturer of diesel trucks and buses, has decided to establish a new truck manufacturing company, Hino Motors Manufacturing Mexico, in Guanajuato, Mexico, through a joint venture with Mitsui.

Hino has said that it has entered the Mexican market and started marketing its Hino 300 series, since August 2007, through Hino Motors Sales Mexico, a sales company established by Mitsui, and it will aim to increase its sales volume and position Hino’s brand in Mexico by introducing a new product, Hino 500 series.

One Comment leave one →
  1. Mr. Rushing's avatar
    Mr. Rushing permalink
    12 August 2008 12:46 pm

    Prepare for the wrath of Lou Dobbs and Obama.

    On the capitalist perspective… this is a good thing. This will pressure US politicians to quit supporting union labor and to quit interfering in the US economy. Good move by Toyota.

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