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Hino Motors Ltd. said Tuesday it has founded a joint company with Chinese automaker Guangzhou Automobile Group Co. to produce commercial vehicles in China.

The establishment of Guangqi Hino Motors Co. in Guangzhou, Guangdong Province, is based on a reorganization of the two automakers’ affiliates, Shenyang Shenfei Hino Automobile Manufacturing Co. and Guangzhou Yangcheng Automobile Co., in line with the Chinese government’s auto industry development policy, said Hino, a leading truck maker belonging to Toyota Motor Corp.

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