NOVI, Mich. (Feb. 6, 2023) — Hino Trucks announced the appointment of Glenn Ellis to the position of president and chairman of the board for Hino Trucks, effective Feb. 1, 2023. Ellis succeeds Shigehiro Matsuoka, who retired after holding the position for four years, and will become the first U.S.-born president of Hino Trucks. In addition, Ellis will also serve as an officer of Hino Motors Limited, Hino Trucks' parent company.
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Chico, Calif. (Jan. 26, 2023) — Work Truck Solutions, an authority on commercial vehicles, released their 2022 analysis of the commercial vehicle market. Work Truck Solutions is the only company that collects national data reflecting the customization of commercial vehicles done after the chassis or van is manufactured by an original equipment manufacturer (OEM), which defines their unique commercial use case.
WASHINGTON (Jan. 25, 2023) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for December was $12.9 billion, up 9% year-over-year from new business volume in December 2021.