Aug 3, 2016

Toyota, Daihatsu jointly debut new 'green' cars in Indonesia

Toyota Motor Corp. and Daihatsu Motor Co. jointly launched two different cars in Indonesia on Tuesday, a day after Toyota acquired all of Daihatsu’s shares. “It is a new relationship between Daihatsu and Toyota,” Daihatsu President Masanori Mitsui said during the launch in the ...

Aug 1, 2016

Toyota completes full takeover of Daihatsu

Toyota Motor Corp. has taken full control of minivehicle maker Daihatsu Motor Co. in a bid to boost the group’s competitiveness in emerging markets by accelerating its development of small vehicles. The transition was completed Monday. Toyota, the world’s top automaker in terms of ...

Toyota lags VW in global sales as Prius stumbles in U.S.

Jul 28, 2016

Toyota lags VW in global sales as Prius stumbles in U.S.

Toyota Motor Corp. lagged Volkswagen AG by global deliveries in the first half of the year, as demand for the newly redesigned Prius hybrid slumped in a U.S. market dominated by trucks and sport utility vehicles. Worldwide deliveries fell 0.6 percent to 4.99 million ...

Daihatsu shareholders approve full ownership by Toyota

Jun 29, 2016

Daihatsu shareholders approve full ownership by Toyota

Shareholders of Daihatsu Motor Co. on Wednesday approved a proposal for the Japanese automaker to become a wholly owned unit of Toyota Motor Corp. on Aug. 1. Toyota, which currently owns about 51 percent of Daihatsu, will acquire remaining Daihatsu shares through an equity ...