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Daihatsu Compagno concept makes us wish the company was still in America

Here at Autoblog, we frequently talk about cars we love that we just can't get here, and Daihatsu just revealed a car that will surely reignite those conversations. It's a new concept called the Compagno, and it's a revival of a vintage Daihatsu of the same name. It's also a little sedan that, because of its sleek shape, is called a coupe. Debate over naming conventions aside, the Compagno is a lovely little sedan to look at. It's very well proportioned, and it has a refreshingly clean and taut shape with long, simple curves and little adornment. It gets a little bit of flair and aggression from the shoulder created by a creased line that runs from the top of the headlights to the top of the taillights. The fast, sloping roofline and hidden rear door handle help sell the coupe look. It's also nice to see a retro-inspired design that isn't shamelessly so. You can see the retro elements in the shape of the grille and the way the fascia leans forward, but most of the rest of the car looks quite modern. We like this sedan a lot, and we really wish something similar would come here. It's not the only Daihatsu we'd like to see either. The company has a really cool little kei-class roadster called the Copen. It's available with different appearance options that will appeal to fans of modern and vintage cars alike, and it features a line of customizable body parts. Daihatsu also designed a thoroughly adorable kei-class van called the Move Canbus. It looks like a tiny VW Microbus. Bring over all three, and you'd have a really appealing lineup. But if we leave our wildest dreams and examine our cold hard reality, a lineup like this probably wouldn't survive here. All of those cars are extremely small. The Copen is about half a size smaller than a Miata, for reference. Even this Compagno concept is probably too small. The company says it has either a 1.0-liter turbocharged engine, or a 1.2-liter hybrid engine. That means there's no way it's any bigger than say, a Ford Fiesta sedan. And if that's one of the largest cars Daihatsu might sell, the company wouldn't have a prayer in a world where the F-150 is king. Oh well, even if we never get the Compagno, hopefully Japan will see a production version. And then in 25 years, crazy car enthusiasts such as ourselves might start bringing some over. Related Video:

Suzuki and Daihatsu join Toyota electric vehicle venture

TOKYO — Suzuki Motor Corp and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corp, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars. The two automakers will each acquire a 10% stake in the joint venture, on par with Isuzu Motors and Hino Motors, while Toyota will hold a 60% stake, they said. "With Suzuki and Daihatsu joining the project and working together, we'll be able to expand our circle of cooperation to not only cover commercial vehicles but also mini vehicles," said Toyota President Akio Toyoda. "With this expansion, I believe that we'll be able to take one step closer to a better mobility society," Toyoda said. The move comes as Japanese automakers face growing competition from tech giants and other rivals making electric and driverless cars. Toyota, Isuzu and Hino launched the Commercial Japan Partnership Technologies Corporation in April to bolster their competitive edge in connected, commercial vehicles. Daihatsu's president Soichiro Okudaira said joining the pact and introducing connected, mini-commercial vehicles would allow data sharing, a major benefit for companies to provide better services to customers and improve logistics efficiency. (Reporting by Eimi Yamamitsu; Writing by Ritsuko Ando; Editing by Louise Heavens) Related Video: Green Suzuki Toyota Daihatsu Electric Akio Toyoda

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.