2/19/14

Hino Trucks delivers 10,000th truck to Penske Truck Leasing



Members of Hino Trucks, including President and CEO Yoshinori Noguchi
were on hand as former Hino Motors Ltd chairman Mr. Jagawa
presents the key to the 10,000th truck to Roger Penske. 
 Also in attendance from Penske Truck Leasing
were Brian Hard, Art Vallely, Jim Molinaro and Paul Rosa.

February 17, 2014

Novi, Michigan – Hino Trucks recently held a ceremony to commemorate the delivery of the 10,000th Hino truck to Penske Truck Leasing (PTL). The ceremony took place at Hino’s plant in Williamstown, West Virginia in front of its assembly team members and top management from Hino and Penske Truck Leasing.

“We congratulate the entire team at Hino and Toyota on this significant milestone,” said Roger Penske, Chairman of Penske Truck Leasing. “Hino continues to be a trusted supplier of high-quality trucks within our truck leasing and truck rental fleets. We are pleased with the performance of these vehicles and the outstanding support Hino provides.”

The 10,000th truck is a 2015 model 268A which is part of Hino’s award winning line-up of conventional trucks that have garnered an industry reputation for providing the lowest cost of ownership in its class. The 268A is part of Hino’s class 6 & 7 conventional truck line up that is specifically well suited for the lease and rental market segment where Hino has grown to 10 percent of the market. The 10,000th truck will be a part of Penske Truck Leasing’s commercial rental fleet.

“This major milestone began in 2004 when PTL received its first Hino 268 truck. We are proud of our longstanding partnership with PTL and the delivery of our 10,000th Hino truck, a significant accomplishment for both companies. We are excited to mark this achievement and look forward to continuing to provide PTL with best in class trucks,” said Yoshinori Noguchi, President & CEO for Hino Trucks.

About Hino: Hino Trucks, a Toyota Group Company, assembles, sells, and services the most environmentally friendly lineup of Class 5-7 commercial trucks in the United States. In 2012, Hino introduced its Class 5 cab-over diesel-electric trucks making diesel-electric hybrids a viable option in the U.S. commercial truck industry for the first time. Headquartered in Novi, Michigan, Hino boasts a network of over 200 dealers nationwide committed to achieving excellence in customer service and support. Hino Trucks is the premier medium duty nameplate in the United States with a product lineup that offers the lowest total cost of ownership, superior fuel economy, unmatched reliability and maneuverability, and the most comprehensive bundle of standard features in the market. For more information, visit our internet home page at http://www.hino.com or follow us on Facebook, Twitter and YouTube.

About Penske Truck Leasing: Penske Truck Leasing Co., L.P., headquartered in Reading, Pa., is a joint venture of Penske Corporation, Penske Automotive Group and General Electric Capital Corporation. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Product lines include full-service truck leasing, contract maintenance, commercial and consumer truck rentals, used truck sales, transportation and warehousing management and supply chain management solutions. To learn more about Penske's products and services please visit http://www.GoPenske.com and our "Move Ahead" blog. Penske on social media: Facebook, Twitter, LinkedIn, Google+ and YouTube.

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