Hino Motors Warns of Larger Annual Loss

Tokyo, Jan. 31 (Jiji Press)--Hino Motors Ltd. said Thursday that it expects to post a consolidated net loss of 265 billion yen for the year ending in March, larger than a previously estimated loss of 220 billion yen. The Japanese truck maker issued the warning as it booked a special loss of 258.4 billion yen related to its engine test fraud, including costs for settlements with U.S. authorit...

Hino Motors Warns of Larger Annual Loss
Tokyo, Jan. 31 (Jiji Press)--Hino Motors Ltd. said Thursday that it expects to post a consolidated net loss of 265 billion yen for the year ending in March, larger than a previously estimated loss of 220 billion yen. The Japanese truck maker issued the warning as it booked a special loss of 258.4 billion yen related to its engine test fraud, including costs for settlements with U.S. authorit...