lino deadline
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1ECISION on whether or not will buy components from o will be made within the t three months according to s and marketing director n Bailey.
Ir Bailey told CM that the ation in the exchange rate yen to the £ now compared .1 430 last September) had le the proposition seem less active.
tressing that any deal been Hino and ERF would not 'the thin end of the Japanese ige" Mr Bailey said that the is of any co-operation would hat of customer and supplier similar manner to Gardner Rolls-Royce for example.
the deal is signed, ERF will certain components (likely e high cost items) from Hino use in ERF chassis in the 12 5 tonne category.
here is no intention to dge engineer" on existing ) chassis, a move which ild be banned anyway under SMMT/JAMA agreement ch forbids Japanese imports r3.5 tons gross.
ny ERF/Hino chassis which ht result will have to start a 60 per cent UK content ad on cost which would be eased to 80 per cent as soon Possible.