Hino SA will have to consider increasing its production capacity in the assembly plant in Prospecton, near Durban, as projected sales of 4,950 units for 2019 will be close to the plant’s single-shift capacity of 5,000 units a year. Hino has a sales target of 7,550 trucks a year in SA by 2025. The company is eyeing increased export volumes as it now supplies SA-specification trucks to Zimbabwe, Zambia, Mozambique and Malawi in addition to those in the SA Customs Union, where Namibia is showing growth. In the long term this increase in demand could result in expansions to the production plant. Ernie Trautmann, vice-president of Hino SA, said he expects the South African truck market to continue to virtually stagnate in 2019, as it has done for the past two years, at least until the national elections are over. He said that the first month of 2019 was already proving slow in terms of sales. Hino, together with the Toyota Dyna light truck range, had a good year in 2018 in terms of sales...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now