Hino Motors to pay NZ$10.9m in New Zealand lawsuit settlement

Hino Motors, Ltd. has reached an in-principle settlement in a class action lawsuit filed against it in the High Court of New Zealand. The settlement, approved by Hino's board of directors, involves a payment of NZ$10.9 million to claimants who acquired Hino diesel-engine vehicles in New Zealand between March 4, 2010, and March 3, 2025.

The lawsuit, initially filed on March 3, 2025, alleged damages due to fraudulent practices concerning exhaust gas performance and fuel efficiency standards. Hino decided to settle to mitigate the potential impact of prolonged litigation on its business, without admitting liability for the claims. The agreement is subject to approval by the High Court of New Zealand.

As a result of this settlement, Hino Motors will record the NZ$10.9 million as a special loss in its financial results for the third quarter of fiscal year 2026. The company is currently evaluating the full impact on its business performance and will make a further announcement once the analysis is complete.