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Hino Motors Warns of Larger Annual Loss

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. authorities.

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AFP-JIJI PRESS NEWS JOURNAL


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