VW AND HINO AGREE STRATE­GIC PART­NER­SHIP

ABC (Australia) - - NEWS -

FU­TURE LO­GIS­TICS and trans­porta­tion, tech­nol­ogy and pro­cure­ment will be just some of the pos­si­ble ar­eas for co­op­er­a­tion hall­mark­ing a re­cently signed strate­gic part­ner­ship be­tween Ger­many’s mas­sive Volk­swa­gen Truck & Bus GmbH and Ja­pan gi­ant Hino Mo­tors Ltd.

The agree­ment aims to, “build a mu­tu­ally ben­e­fi­cial strate­gic long-term part­ner­ship on eye-level,” an of­fi­cial joint-state­ment mir­rored by VW Truck & Bus and Hino Mo­tors states. It con­tin­ues: “Based on their com­mon ideas, both com­pa­nies will fur­ther ex­plore each other’s ca­pa­bil­i­ties to co­op­er­ate in lo­gis­tics and traf­fic so­lu­tion re­search, ex­ist­ing and new tech­nolo­gies as well as in pro­cure­ment. The eval­u­a­tion of tech­nol­ogy co­op­er­a­tion will fo­cus on con­ven­tional pow­er­trains, hy­brid and elec­tric pow­er­trains, as well as con­nec­tiv­ity and au­ton­o­mous driv­ing sys­tems.”

A joint Al­liance Board has been set up based on the SCFA to dis­cuss the di­rec­tion of the long-term and eye-level part­ner­ship. The Al­liance Board pur­sues a prag­matic ap­proach with a lean or­gan­i­sa­tion and bal­anced rights for both com­pa­nies that re­main in­de­pen­dent, it’s stated.

It com­prises the CEOs from both com­pa­nies as well as ad­di­tional se­nior man­age­ment rep­re­sen­ta­tives.

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