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 ...

Jan 29, 2016

Toyota to make Daihatsu wholly owned subsidiary in August

Toyota Motor Corp. said Friday it will make Daihatsu Motor Co. a wholly owned subsidiary in August as the world’s top automaker seeks to revamp its low-priced small-car business amid growing demand in emerging markets. Toyota, which holds a roughly 51 percent stake in ...

Jan 29, 2016

Toyota buys rest of Japan minicar maker Daihatsu in stock swap

Toyota Motor Corp. will buy out its Daihatsu Motor Co. unit, bringing in-house a key maker of small cars for Southeast Asia and Japan. The world’s largest automaker will acquire the remainder of its 51 percent-owned affiliate through a stock swap, according to a ...

Oct 9, 2014

Daihatsu buys Tokyo office building in minicar expansion push

Daihatsu Motor Co., the maker of minicars that is majority-owned by Toyota Motor Corp., bought an office building in Tokyo to strengthen its business in the nation’s largest metropolitan area. Daihatsu will move its 70 Tokyo employees now working in a rented office to ...

Jun 5, 2014

Tanto returns to top sales in May

The Daihatsu Tanto remained Japan’s best-selling car in May, taking the top slot for the second month in a row, industry bodies said Thursday. Year-on-year sales of most other models fell due to the 3-point consumption tax hike in April, but Tanto sales soared ...

Tanto tops auto sales in April

May 8, 2014

Tanto tops auto sales in April

The Daihatsu Tanto was Japan’s best-selling vehicle in April, the first time in a year that a minicar has topped the rankings, industry bodies said Thursday. Sales of the Tanto doubled from the previous April to hit 19,390 units, the Japan Automobile Dealers Association ...

Toyota's Aqua hybrid sedan retains top spot for sales

Apr 4, 2014

Toyota's Aqua hybrid sedan retains top spot for sales

Toyota Motor Corp.’s Aqua subcompact hybrid was the nation’s top seller in fiscal 2013, retaining the highest slot for the second consecutive year, industry data showed Friday. Sales totaled 259,686 units for the Aqua, which has remained popular since its launch in December 2011. ...

Jan 8, 2014

Daihatsu union to seek pay-scale hike of over 1%

In a move that could affect this spring’s labor-management wage talks, the Daihatsu Motor Co. group’s labor union is considering demanding a pay-scale hike of at least 1 percent, sources said Wednesday. This is the first numerical request to be heard from the auto ...