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Japan could consolidate to three automakers by 2020

Sergio Marchionne might see his dream of big mergers in the auto industry become a reality, and an analyst thinks Japan is a likely place for consolidation to happen. Takaki Nakanishi from Jefferies Group LLC tells Bloomberg the country's car market could combine to just three or fewer major players by 2020, from seven today. "To have one or two carmakers in a country is not only natural, but also helpful to their competitiveness," Nakanishi told Bloomberg. "Japan has just too many and the resources have been too spread out. It's a natural trend to consolidate and reduce some of the wasted resources." Nakanishi's argument echoes Marchionne's reasons to push for a merger between FCA and General Motors. Automakers spend billions on research and development, but their competitors also invest money to create the same solutions. Consolidating could conceivably put that R&D money into new avenues. "In today's global marketplace, it is increasingly difficult for automakers to compete in lower volume segments like sports cars, hydrogen fuel cells, or electrified vehicles on their own," Ed Kim, vice president of Industry Analysis at AutoPacific, told Autoblog. Even without mergers, these are the areas where Japanese automakers already have partners for development. Kim cited examples like Toyota and Subaru's work on the BRZ and FR-S and its collaboration with BMW on a forthcoming sports car. Honda and GM have also reportedly deepened their cooperation on green car tech. After Toyota's recent buyout of previous partner Daihatsu, Nakanishi agrees with rumors that the automotive giant could next pursue Suzuki. He sees them like a courting couple. "For Suzuki, it's like they're just starting to exchange diaries and have yet to hold hands. When Toyota's starts to hold 5 percent of Suzuki's shares, this will be like finally touching fingertips," Nakanishi told Bloomberg. "I absolutely do believe that we are not finished seeing consolidation in Japan," Kim told Autoblog. Rising development costs to meet tougher emissions regulations make it hard for minor players in the market to remain competitive. "The smaller automakers like Suzuki, Mazda, and Mitsubishi are challenged to make it on their own in the global marketplace. Consolidation for them may be inevitable." Related Video:

Daihatsu bringing retro Copen roadster, van-boat to Tokyo Auto Salon

Though its products are almost universally small (aside from its rebadged Toyota offerings), Daihatsu seems as though it'll have a fairly large presence at the 2023 Tokyo Auto Salon. It's highlighting eight main models with a few of them sporting some pretty extensive and cool modifications. The more interesting models are likely just concepts, but occasionally some of these customs result in production variants, such as a wild retro Honda S660 concept from a couple years ago. Copen Clubsport Daihatsu's sportiest offering of late is the Copen roadster. And it's celebrating its 20th anniversary this year. The kei-class roadster (shown at top) with its turbocharged 660cc engine has received drastic styling changes that put it more inline with the original. Those changes include round, retro headlights front and rear, and a much cuter round front grille. The cuter appearance is bolstered by racier appointments such as a roll bar, side skirts, rear diffuser and red-tipped exhaust outlets. As with the current Copen and the original, it still appears to have a retractable hardtop. Performance details haven't been announced, but we wouldn't be surprised if some suspension changes have been made at the least, if not any power improvements. This is also the car that had us thinking of the aforementioned Honda S660 retro model that reached production. We'd love to see it happen, as I'm sure would enthusiasts in Japan. Daihatsu Hijet Jumbo Extend View 4 Photos Hijet Jumbo Extend Designed as a hypothetical support truck for parts and more is the Hijet Jumbo Extend. It's based on the Hijet Jumbo, the extended-cab version of the Hijet kei truck. It's been fitted with a custom van box that can be extended for housing more stuff and maybe even people. The render also indicates that it will have an easily accessible fire extinguisher in a custom mount on the outside. Matching paint and a set of Volk TE37 wheels help it have the same racing-inspired look as the Copen Clubsport. Daihatsu Atrai Wildranger View 2 Photos Atrai Wildranger The third of the highly customized Daihatsu Atrai Wildranger. The company added chunky all-terrain tires and bedliner along the bottom half of its Atrai kei van. It also has suitably outdoorsy green paint. But the big attraction is what's on the roof. While looking like the van's roof, what's actually up there is a pop-off boat. That's why there are oars on either side. So this will get you both to the river, and down it.

Toyota says president, chairman of scandal-hit Daihatsu unit to step down

TOKYO — Toyota Motor Corp said on Tuesday both the president and chairman of Daihatsu Motor will step down almost a year after the small-car unit said it had rigged collision safety-tests. The departures are among the most drastic changes Daihatsu has made so far, as Toyota seeks to return the brand to its roots as one of Japan's most iconic compact car makers. Toyota faces a potential hit to its reputation from the safety certification lapses at Daihatsu, as well as separate governance issues at truck maker Hino Motors and affiliate Toyota Industries. The scandals at the three companies triggered a rare apology of Toyota Chairman Akio Toyoda last month. In a statement, the world's top-selling automaker said its chief executive officer for the Latin America and Caribbean region, Masahiro Inoue, will replace Soichiro Okudaira as Daihatsu's president effective March 1. Daihatsu's chairman, Sunao Matsubayashi, will also step down and will not be replaced, Toyota added. The outgoing Okudaira had worked at Toyota for nearly four decades before becoming president of Daihatsu in 2017, a year after it became a wholly owned Toyota subsidiary. Toyota Chief Executive Koji Sato told reporters, however, that the organizational change at Daihatsu was not carried out as a punishment for the outgoing executives. In volume terms, Daihatsu accounted for 7% of Toyota's total group sales of 11.2 million vehicles in 2023, including those of the luxury Lexus brand and Hino Motors. Given the misconduct over the safety test certification applications, Daihatsu also will be removed from a commercial vehicle partnership known as the Commercial Japan Partnership Technologies (CJPT), the automaker said in a separate statement. The partnership was established in April 2021 by Toyota, Hino and Isuzu Motors to facilitate technology development for commercial vehicles. Suzuki Motor and Daihatsu joined in July the same year. Daihatsu's 10% equity stake in the partnership will be transferred to Toyota, the statement said. (Reporting by Daniel Leussink and Satoshi Sugiyama; Editing by Kim Coghill & Shri Navaratnam and Miral Fahmy) Government/Legal Hirings/Firings/Layoffs Plants/Manufacturing Toyota Daihatsu