Business / Corporate May 10, 2019

Honda N-Box ranked top-selling car for 20th month in row

Honda Motor Co.'s N-Box minivehicle topped Japan's new-vehicle sales rankings for the 20th consecutive month in April, industry data showed Friday. The N-Box, however, saw sales fall 2.5 percent from a year before to 19,396 units. The top three in the listing were all minivehicles, with ...

Business / Corporate 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 industrial ...

Business / Corporate 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 Daihatsu, ...