http://www.engineeringnews.co.za
  SEARCH
Login
R/€ = 13.06Change: -0.14
R/$ = 11.66Change: -0.12
Au 1213.36 $/ozChange: -4.14
Pt 1189.50 $/ozChange: -1.00
 
 
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?








Start
 
End
 
 
And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
 
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters Contact Us
 
 
 
RSS Feed
Article   Comments   Other News   Research   Magazine  
 
 
Aug 16, 2012

Hino SA confident of better second half as supply constraints ease

Back
Africa|Hino Japan|Hino SA|Hino South Africa|Road|Africa|Japan|South Africa|Casper Kruger|Power|Hino 700 Series|Operations
Africa|Road|Africa||Power|Operations
africa-company|hino-japan|hino-sa|hino-south-africa|road|africa|japan|south-africa|casper-kruger|power|hino-700-series|operations
© Reuse this



Hino sold 128 466 units in the 2011/12 financial year – a new record for the Japanese truck maker. However, the target for the 2012/13 year is 153 000 units, a healthy 19% increase.

“This is quite ambitious,” admits Hino South Africa (SA) VP Dr Casper Kruger, “especially as 2011/12 was a record year for the company”.

“The focus of Hino is to grow its worldwide [market] share,” he adds.

Just over 70% of the 2011/12 volumes were sold outside Japan.

Even more ambitious for Hino is that it hopes to sell 196 000 trucks in the 2014/15 financial year, which would be a massive 73% jump from the 2010/11 volume of 113 000 units.

At least the global truck market is also forecast to grow, from 6.73-million units in 2007, to 8.5-million units in 2015.

Of course, Hino SA has its role to play in its parent company’s growth plan, notes Kruger.

“We have had several meetings with Hino in Japan.”

South Africa is Hino Japan’s ninth biggest market.

With the South African truck market up 6% in the first seven months of the year compared with the same period in 2011, and Hino sales up ‘only’ 7.4%, Hino SA may have a tough task ahead of it. The company also saw market share shrink to 12.2%, down from last year’s 12.7%.

However, says Kruger, with the first six months of 2012 delivering sales of 1 702 units, Hino is positive the second half of the year will be better, at a forecast of 1 938 units.

“We had a bit of a bottleneck in securing semi-knockdown kits from Japan. The loss in market share was largely supply constraint. It was very unfortunate for us.”

“We have a few very nice big orders to build in the second half, and we have secured the stock to deliver on this. We hope the [truck] body builders have the capacity to assist us.”

Hino SA sold 3 390 units in 2011, and is seeking around 10% growth in 2012. Market share will hopefully increase from 12.7% in 2011, to 13.2% in 2012.

As for the total local market, Kruger expects it to reach between 27 500 and 28 000 units.

However, he adds, “we have seen some customers revise the number of trucks they want to buy downwards over the last four months”.

NEW WARRANTY
Hino SA has announced that the warranty on its Hino 700 Series model range is now valid for three years with unlimited kilometres for on-road use, and two years with unlimited kilometres when the truck is used in off-road operations.

“According to our research this is one of the most comprehensive warranties in this segment of the South African truck market,” says Kruger.

“Some of the other brands offer more years on the drive train only, but our three years/unlimited kilometres warranty offers some of the best cover on the entire vehicle.”

Previous warranty cover for the 700 Series was one year/unlimited kilometres, with a power train warranty of 24 months or 300 000 km.
 

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
 
 
 
 
 
 
 
 
Other Automotive News
Daihatsu is set to cease distribution in South Africa. The range on sale domestically comprises the Sirion hatchback, Terios small sports-utility vehicle and Gran Max bakkie.
The local truck assembly industry does not fare as badly as widely perceived in terms of the local content on heavy vehicles produced in South Africa, says Daimler Trucks and Buses executive director Kobus van Zyl. Despite the fact that truck tractors are assembled...
More than a century following the invention of the automobile, the horseless carriage continues to evolve. Following an array of developments over the years, such as power steering, run-flat tyres, turbo engines, windscreen wipers, air-conditioning, radio and music...
More
 
 
Latest News
Salani Sithole
International consulting engineering company Royal HaskoningDHV (RHDHV) has appointed Salani Sithole as South African MD, effective March 1. Sithole has been with the company for six years and, prior to joining RHDHV, held various positions in engineering consulting,...
The Gauteng Provincial Government has outlined plans to develop a handful of “mega” human settlements as part of an ambitious long-term housing development strategy aimed at narrowing the housing backlog, with plans afoot to replace informal settlements with...
Eskom power stations
While State-owned power utility Eskom was unable to cut off electricity supply to some of its neighbouring trade partners, it was able to reduce energy exports by 10% when load shedding was implemented locally. The Department of Public Enterprise explained that Eskom...
More
 
 
Recent Research Reports
Construction 2015: A review of South Africa’s construction sector (PDF Report)
Creamer Media’s Construction 2015 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; the key participants in the sector; local construction demand; geographic diversification;...
Liquid Fuels 2014 - A review of South Africa's Liquid Fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2014 Report examines these issues, focusing on the business environment, oil and gas exploration, the country’s feedstock supplies, the development of South Africa’s biofuels industry, fuel pricing, competition in the sector, the...
Water 2014: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2014 report considers the aforementioned issues, not only in the South African context, but also in the African and global context, and examines the issues of water and sanitation, water quality and the demand for water, among others.
Defence 2014: A review of South Africa's defence industry (PDF Report)
Creamer Media’s Defence 2014 report examines South Africa’s defence industry, with particular focus on the key participants in the sector, the innovations that have come out of the sector, local and export demand, South Africa’s controversial multibillion-rand...
Road and Rail 2014: A review of South Africa's road and rail infrastructure (PDF report)
Creamer Media’s Road and Rail 2014 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail network, the funding and maintenance of these respective networks, and the push to move road...
Real Economy Year Book 2014 (PDF Report)
This edition drills down into the performance and outlook for a variety of sectors, including automotive, construction, electricity, transport, steel, water, coal, gold, iron-ore and platinum.
 
 
 
 
 
This Week's Magazine
National flag carrier South African Airways (SAA) is in an advanced stage of renegotiating its deal with European airliner manufacturer Airbus to acquire A320 single-aisle (or narrow body) aircraft. The aim is to replace ten of the aircraft still on order with five...
Worldwide, the main thrust in the ports industry over the past decade or more has been to increase efficiency. Traditionally, ports have been run by engineers and mariners and, in the past, increasing a port’s capacity was achieved by expanding the harbour. “That has...
What do you do when an elephant has a toothache? You call Dr Gerhard Steenkamp from the University of Pretoria’s (UP’s) faculty of veterinary science, Onderstepoort, one of only two elephant ‘dentists’ in the world.
The 2015 Sanlam/Business Partners Entrepreneur of the Year (EOY) competition was launched earlier this month in Johannesburg, with the main focus on creating and inspiring entrepreneurs to create jobs and boost the economy.
In a recent letter to the editor that I sent to Engineering News (Concerns regarding South African portion of Square Kilometre Array) and in a follow-up article elaborating further (We must start preparations to build our own synchrotron light source), I stated my...
 
 
 
 
 
 
 
 
 
Alert Close
Embed Code Close
content
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
 
 
Close
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96