1991 Daihatsu Mira on 2040-cars

Auto blog

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

Junkyard Gem: 1990 Daihatsu Charade

The North American automotive landscape is littered with the bones of overseas marques that tried and failed to get a toehold here. Peugeot, Austin, Sterling, Yugo, Suzuki, Daewoo… the list goes on and on. Daihatsu had the backing of majority shareholder Toyota and a very successful line of vehicles in its Japanese homeland, so the idea of selling in North America seemed to make sense in the late 1980s. Things didn't work out so well in the end, but two models of Daihatsu could be purchased here for the 1988 through 1992 model years. Here's an example of the better-known Daihatsu, spotted in a Denver-area U-Wrench yard. Apologies for the beschmutzified images; I was pulling vast quantities of Junkyard Boombox parts at this yard's All You Can Carry For $59.99 Sale that day, and I got transmission fluid on the lens. The Charade was very cheap and pretty well screwed-together, but it had to compete against cheap cars from well-known makes such as Subaru (the Justy), Pontiac (the Daewoo-built LeMans), Ford (the Mazda-built Festiva), and Geo (the Suzuki-built Metro), and it was saddled with one of the worst names in automotive history. At least the suits at Daihatsu got the naming thing right with their little mini-SUV: the Rocky. Strangely, I still see the occasional Daihatsu as I roam the car graveyards of the land. I'm not sure where they hide, but they end up here. The three-banger in the '90 Charade generated a not-so-whopping 53 horsepower. Think about that the next time you moan about the new Mirage's allegedly intolerable 78 horses, or the Versa's 109. In Hong Kong, the car's Japanese origins were emphasized in the advertising. We've set a new standards for new cars todayÂ… but you can't feel the glow until you drive one away! Featured Gallery Junked 1990 Daihatsu Charade View 14 Photos Auto News Daihatsu Automotive History Junkyard Gems

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.