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Toyota buys Daihatsu for small-car development

Toyota is getting serious about small cars, but it's not going at it alone. Instead it's turning to its subsidiary Daihatsu, with which it will now share more resources and expertise. And in the process, it's acquiring the remaining stake in the smaller automaker. Daihatsu is a Japanese carmaker founded in its present form in 1951, but with roots that trace back as far as 1907. Toyota acquired a controlling interest of 51 percent in Daihatsu in 1988, bringing the company under its umbrella. But now it is raising its stake to 100 percent by a reciprocal share-swap agreement that will see Daihatsu's other shareholders take 0.27 shares in the larger company for each share in the smaller. As part of the new arrangement, the Daihatsu division will take the lead in developing new small cars, both for itself and for its parent company. Toyota in turn will also share key technologies with Daihatsu, and both will share each other's networks in emerging markets. The bottom line is that we can expect to see more small Toyotas and Scions developed and built by Daihatsu in the near future. The Daihatsu name may not be as familiar to Americans as some of Toyota's other brands. It briefly sold models like the Charade and Rocky in the United States under its own name in the late 1980s and early 90s. However US customers may be more familiar with those it built for the Scion brand, such as the Scion xB that was based on the Daihatsu Materia. While the realistic part of our brains force us to admit it's unlikely, the dreamer within us will hold out hope that the new arrangement could see a Scion version of the nimble little Daihatsu Kopen roadster make its way to our shores in the coming years. Toyota and Daihatsu to Strengthen Small Car Operations through Unified Global Strategy Toyota Motor Corporation (Toyota) and its subsidiary Daihatsu Motor Co., Ltd. (Daihatsu) have reached an agreement whereby Daihatsu will become a wholly-owned subsidiary of Toyota by way of a share exchange (expected to be completed in August 2016). The purpose of the agreement is to develop of ever-better cars by adopting a unified strategy for the small car segment, under which both companies will be free to focus on their core competencies. Ultimately, this will help Daihatsu and Toyota to attain their joint goal of achieving sustainable growth. Additionally, the aim of the share exchange is to enhance the value of both brands.

Daihatsu's tiny concepts bring big weird to the 2020 Tokyo Auto Salon

Daihatsu will have nine concepts at its 2020 Tokyo Auto Salon stand, featuring influences from the club to the clifftop. The most important is the Taft, which takes the Daihatsu Waku Waku concept showed at this year's Tokyo Motor Show closer to next year's production-ready form. In 1974, Daihatsu released a small, Jeep-ish 4x4 called the Taft, the name an acronym for Tall & Almighty Four-wheel Touring vehicle. The rebirth of the name on a kei-car that Daihatsu bills as "the world's first light crossover," and that comes standard with front-wheel drive and a CVT, necessitates editing the acronym to Tall & Almighty Fun Tool. The rugged pretensions of the Waku Waku are dialed back on the new Taft, with panoramic roof replacing the storage area in the Waku Waku's upper deck, rear doors and windows replacing the orange interior panels and jerry can motif, a more traditional front fascia and less cladding. Three Tanto kei cars dress up in three vastly different guises with three different front fascias. Because no auto show display can go without an overlander, the Tanto Cross Field concept delivers "Active gear you can rely on for your family," said gear appearing to be a roof rack and a set of fog lights. All we know about that Tanto Custom Premium is that it "gives off an overwhelming presence with a fearless black face" that seems to have taken design notes from the Toyota Prius and Mirai, not totally surprising since Toyota owns Daihatsu. The Tanto Marvel Spider-Man concept looks the most like a stock Tanto, wallpapered in panels from a comic book. Three Hijet microvan concepts don personalities for three different career days. The Hatsune Miku Marche concept is a working coffee stand and pop-up store dolled up in collaboration with the turquoise-haired, pony-tailed, "Vocaloid software voicebank" known as Hatsune Miku. Designers of the Hijet Peaks worked with Peaks magazine on the "playable overlander" with indoor climbing wall holds decorating the sides. Since the Hijet is only about 72 inches tall, it won't take much to climb, but Daihatsu will have a more challenging bouldering course in the stand for kids from three to 12 years old. The Hijet Jumbo DJ could be considered a giant DJ booth, DJ Kakushika making an appearance at the show to play a set in the Hijet's bed.

Daihatsu's four Tokyo Motor Show concepts bring the Waku Waku

When Suzuki showed off two of its concept reveals for the Tokyo Motor Show, one was a kei car called the Waku Spo. As far as we can tell with Internet translators, that renders the words "box" and "ish," which we'll resolve into the entirely apt descriptive "boxy." Turns out when you double up on the waku, however, you get excitement, which could be how Daihatsu came to name one of its four Tokyo concepts the Waku Waku. The cerulean blue box with the searing orange highlights looks like the result of a kei car mixed with an overlander. Black cladding hunkers over tiny wheels shod in aggressive rubber. The rear windows are replaced by full-length interior panels with a jerry can motif above and attachment points below. The back half of the roof opens onto an additional storage area, and the bumper triples as a step and a platform. What's not to like? Sticking with the two-up names throughout, next comes the Ico Ico, an autonomous shuttle with its own robot assistant named Nippote. At just 58 inches wide, the four seater's designed to navigate especially cramped urban centers. Slide doors, a retractable ramp, and modular seating that can be moved around the cabin make easier access for the disabled. The Tsumu Tsumu is a kei-class goods carrier with a removable cargo box. The renderings show an industrial-strength drone that sits behind glass panels when not in use, and launches from the roof when operational. The artwork shows the foodservice box, the Tsumu Tsumu turned into a tiny food truck. The Wai Wai minivan makes room for two more passengers than the Ico Ico, swallowing six people in three rows of two. Front doors open to nearly 90 degrees, and rear sliding doors run to the back of the second row for better ingress and egress. Twin fabric sunroofs keep prevent a gloomy interior, and all of the seats fold down for when cargo instead of people needs hauling. We don't know what powers the concepts and what other neato tricks they might hide, but we looking forward to finding out when the Tokyo Motor Show opens later this month. Featured Gallery Daihatsu 2019 Tokyo Motor Show Concepts View 26 Photos Tokyo Motor Show Daihatsu Truck Crossover Minivan/Van Commercial Vehicles Concept Cars Off-Road Vehicles