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Hino Motors ( (JP:7205) ) has provided an announcement.
Hino Motors announced a settlement with U.S. authorities regarding legacy engine emissions certification issues, which includes a $521.76 million criminal penalty and $679 million in civil penalties. The resolution allows Hino to address past compliance failures and implement reforms to prevent future issues, while continuing to operate and sell new trucks in the U.S. with third-party engines.
More about Hino Motors
Hino Motors, Ltd. is a Japanese manufacturer primarily involved in the production of commercial vehicles and diesel engines. The company is known for its focus on the production of trucks, buses, and engines, with a significant market presence in Japan and international markets.
YTD Price Performance: 0.0%
Average Trading Volume: 200
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.84B
Learn more about 7205 stock on TipRanks’ Stock Analysis page.
