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(HINOF), Navistar International Corporation (NYSE:NAV) - Hino Motors Halts North American Production Until Late 2021

Share: Japanese truck maker Hino Motors Ltd. (OTC: HINOF) won t build any heavy-duty trucks in the U.S. and Canada until the end of September 2021. Its engines fail to meet greenhouse gas and fuel efficiency standards. Hino also is halting production at a plant in Woodstock, Ontario. Based in Novi, Michigan, Hino Motors Manufacturing USA Inc. has more than 240 U.S. dealers. A subsidiary of Toyota Motor Corp. (NYSE: TM), Hino said three engines for North America the A09C, J08E and J05E did not meet 2021 U.S. Phase 2 Greenhouse Gas Emission and Fuel Efficiency regulations for commercial trucks. The engines will meet the standard by the end of September 2021, Hino said.

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