Jump to content

MyCarForum Logo
Search
Magnifying glass

SEARCH

1

Toyota to purchase all shares in Daihatsu by August 2016

By Faiming_low on 30 Jan 2016

Attached Image Toyota, which currently owns 51.2 percent of Daihatsu's stock, is set to purchase the remaining shares of Daihatsu by August 2016, making the small vehicle brand a wholly-ownerd subsidiary of the world's largest car maker.

The buyout, which is said to be worth around $4.27 billion, will allow Toyota to adopt a unified strategy in the small car segment. As such, Daihatsu will take the lead in developing the model range for the small cars for both brands.

Expect lots of shared technologies and operations in many markets in the not too distant future for both brands. But Toyota will make sure both brand's identity will be kept distinct even though parts and platforms will be shared.

Viewed: 1,292 times

Faiming_low
Written by Faiming_low
Since young, Fai Ming has always centered his life around cars. In fact his first word was 'car' and not 'mum' or 'dad'. Aren't kids cute?



  • 1
Fett Feb 05 2016 10:04 AM

Oh, the whole time i thought the already owned Daihatsu

  • 1
 
Car Makes

Please select a car make

Facebook Likes
   Featured Blog Post
Photo
The guide, while not mandatory, comes amid rising car complaints, mainly about defects. It is dev...
POPULAR BLOG POSTS
Photo
According to the Las Vegas Sun, as well as several other local outlets, two men died in a Lamborg...
Photo
The Civic Type R production at Honda's factory is coming to an end and to commemorate it, the...
Photo
With its main rivals all going down the turbocharged route, Lamborghini wants to be special by st...
Photo
Subaru and its official performance arm STI have an interesting concept based on the BRZ due for...
Photo
Some of us might have come across stories of exotic cars that actually used the same lights from...
   Lifestyle Articles